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The Indonesian rupiah fell to its weakest level since the 1998 Asian financial crisis as emerging-market currencies sold off. Bank Indonesia intervened in both the foreign exchange and bond markets to support the currency.
A weaker rupiah raises the cost of imported feed inputs for Indonesian buyers and can push up local feed prices, while the central bank's defense signals continued pressure on emerging-market currencies.
reuters.comAug 31, 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.
