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Indonesia's Constitutional Court ruling on the presidential election dispute was not expected to have a major effect on the rupiah, according to a Bank Mandiri analyst. The rupiah traded in a narrow range of 14,132 to 14,145 per dollar on June 28, 2019, and markets were focused on the upcoming Trump-Xi meeting at the G20 in Osaka.
Limited currency reaction means no immediate change to Indonesian import costs for feed, while the US-China meeting remains the main external risk.
liputan6.comArthur GideonJun 28, 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.
