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The rupiah was expected to strengthen in spot trade on June 28, 2019, based on non-deliverable forward quotes. The currency had gained 0.25% in the previous session and was Asia's best-performing currency.
A firmer rupiah lowers the rupiah cost of dollar-priced feed and soymeal imports for Indonesian buyers, easing import costs.
Not 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.