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Bank Indonesia Governor Perry Warjiyo said the rupiah has been stable under market mechanisms, trading around Rp15,200 per dollar after breaking the 15,000 level. Economists described the rate as a new equilibrium reflecting Indonesia's fundamentals, while noting the rupiah may struggle to regain strength amid uncertain global conditions.
A stabilized rupiah near current levels means import costs for feed ingredients stay high but predictable, supporting steady rather than surging Indonesian demand for imported feed commodities.
en.antaranews.comOct 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.
