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Indonesian business groups warned that continued rupiah weakness, which reached Rp 13,892 per dollar on April 27, could disrupt production for firms relying on imported raw materials. Economists recommended hedging and noted possible pass-through to consumer inflation.
Imported input costs rising with a weaker rupiah could squeeze Indonesian feed and food producers and lift domestic inflation. The effect depends on how long the depreciation continues.
money.kompas.comAndri Donnal PuteraApr 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.
