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The rupiah weakened 0.37% to Rp 14,178 per dollar on June 26, 2019, as expectations of Fed rate cuts faded. Officials had pushed back against US pressure for a 50 basis point cut, and traders were also watching a Constitutional Court ruling on the presidential election dispute.
Fading Fed easing hopes support the dollar, which raises the rupiah cost of imported feed ingredients.
antaranews.comCitro AtmokoJun 26, 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.
