Loading…
The rupiah gained about 5.6% from its weakest level of Rp15,238 per dollar on October 9, supported by 10-year government bond yields near 7.95% and inflation of 3.16%. That gives investors a real yield margin of 479 basis points, which attracted global fund managers back.
Higher Indonesian bond yields and a stronger rupiah lower the local cost of dollar-priced feed imports, which can moderate feed cost inflation for Indonesian livestock and poultry producers.
databoks.katadata.co.iddataboks.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.
