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The rupiah traded about 10 points stronger at 13,510 per US dollar in Jakarta on Thursday morning. Analysts cited expectations for Indonesian growth of 5.1-5.5 percent in 2018 and Bank Indonesia's stabilizing presence, while US government shutdown worries limited dollar gains.
A stable rupiah keeps imported feed input costs predictable for Indonesian buyers, with limited near-term pressure on soymeal and corn import prices.
ekonomi.republika.co.idCitra Listya RiniNov 30, 2017Not 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.
