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Bank Indonesia Governor Perry Warjiyo said rising confidence in the economy and foreign capital inflows into state securities and shares helped the rupiah strengthen, trading near Rp14,300 per dollar. Foreign investors put Rp34.25 trillion into state securities in November 2018 and Rp12.2 trillion into stocks.
A firmer rupiah lowers the local-currency cost of dollar-priced feed ingredients imported by Indonesia, such as soybean meal, which can ease feed cost pressure for domestic buyers.
en.antaranews.comNov 30, 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.
