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The rupiah appreciated 5.83% against the US dollar in November 2018, from 15,227 to 14,339 per dollar on the JISDOR benchmark. It still lost 5.84% year to date.
The article attributes the rebound partly to longer-term factors affecting the currency.
A stronger rupiah lowers the local-currency cost of dollar-priced imports, which eases pressure on Indonesian feed and food import costs.
indonesia-investments.comIndonesia InvestmentsDec 10, 2018Not 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.
