Loading…
Bank Indonesia said the rupiah weakened 0.74% to 14,390 per US dollar on December 5 as global investors turned risk-averse after the UK Parliament rejected a Brexit proposal. The central bank said the move was not caused by domestic fundamentals.
Risk-off flows that weaken the rupiah raise the local-currency cost of dollar-priced imports, a modest upward pressure on Indonesian feed costs.
antaranews.comIndra Arief PribadiDec 5, 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.
