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Bank Indonesia's monetary department head Nanang Hendarsah said the Fed's dovish shift will drive capital inflows and support the rupiah for the rest of 2019. He noted that trade war and Brexit pressures remain the main global risks to emerging-market currencies.
Expected rupiah strength reduces the local-currency cost of imported feed inputs for Indonesian buyers, though the effect on global commodity prices is limited.
antaranews.comIndra Arief PribadiMar 23, 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.
