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The rupiah closed 1% stronger at Rp14,383 per US dollar on November 29, 2018, its first move below Rp14,400 since July 18. Foreign inflows into stocks and bonds through November drove the gain, with the Jakarta Composite Index up 4.72% over the month.
Rupiah appreciation reduces the dollar cost of imported feed inputs for Indonesian producers, and steady foreign inflows signal easing pressure on the currency.
databoks.katadata.co.idNov 29, 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.
