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Indonesia's financial regulator OJK said the rupiah's weakness against the dollar is temporary and backed the central bank's stabilization steps. The finance minister attributed part of the move to US economic policy and improving US employment and inflation data.
Official statements expecting a temporary rupiah slide suggest limited policy response, leaving imported feed costs exposed to the current dollar strength. The article itself adds little new price information.
investor.idOleh Devie Kania dan Thomas HarefaApr 27, 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.
