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The rupiah strengthened slightly against the US dollar on July 31, 2019, to about Rp14,027 per dollar. Investors were worried that US-China trade talks could stall after Trump said China had not kept its promise to buy US farm products.
Renewed trade-war uncertainty tends to support the dollar and pressure emerging-market currencies, which affects the cost of imported feed ingredients for Indonesian buyers.
en.antaranews.comCitro Atmoko, SuhartoJul 31, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
