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The rupiah closed near Rp14,022 per dollar on July 31, 2019, up 0.04% from the previous day. Indonesia's deposit insurance agency cut its deposit guarantee rate by 25 basis points, while markets awaited the Fed's rate decision.
A firmer rupiah lowers the local-currency cost of dollar-priced feed imports, though the effect is small on a single session's move.
cnnindonesia.comJul 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.
