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The rupiah strengthened modestly against the dollar at midday on October 31, trading at Rp 13,557, while other Asian currencies also firmed. The move followed profit-taking after the dollar index's strong previous week, and BKPM reported a 13% rise in Q3 foreign investment.
A slightly firmer rupiah eases the cost of imported feed ingredients for Indonesian buyers, though analysts expect gains to stay limited while the dollar remains supported.
money.kompas.comBambang Priyo JatmikoOct 31, 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.
