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The rupiah strengthened nine points to Rp14,586 per dollar on Monday, November 19, 2018, in interbank trading. Analysts said slowing global growth could restrain the Fed's pace of rate increases, prompting investors to return to emerging-market assets.
Expectations of a slower Fed tightening path support emerging-market currencies like the rupiah, which lowers dollar-denominated feed import costs for Indonesian buyers.
aktual.comAndy Abdul HamidNov 19, 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.
