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Indonesia's five-year dollar CDS rose 2.6% to 221.98 on June 28, its highest since February 2017, and up 44% since end-2017. The rupiah fell 5.4% in the first half, the Jakarta Composite Index dropped 8.75%, and the bond index lost 4.28%.
Rising sovereign risk and capital outflows weaken the rupiah, raising import costs for dollar-priced feed ingredients in Indonesia.
databoks.katadata.co.idJun 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.
