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The rupiah stalled on May 28, 2019, at Rp 14,375 per US dollar after a three-day rally, as a stronger dollar index and rising oil prices offset gains. Profit-taking after the recent appreciation also weighed on the currency.
A firmer dollar and higher oil prices push up the rupiah cost of imported feed inputs and energy, tightening margins for Indonesian feed producers.
cnbcindonesia.comHidayat SetiajiMay 28, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
