Loading…
Investors welcomed Bank Indonesia's call for an unscheduled policy meeting led by Governor Perry Warjiyo. The rupiah rose 1% against the dollar and the Jakarta Composite Index gained 1.5%.
A firmer rupiah eases dollar-denominated feed import costs for Indonesian buyers, though the effect is short-lived if pressure from US rates persists.
bloomberg.comBloomberg NewsMay 28, 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.
