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The rupiah strengthened to Rp 13,571 per dollar on October 31 morning, moving away from the Rp 13,600 level. The dollar weakened against major currencies as investors took profits after its best week recently.
A firmer rupiah lowers the local cost of dollar-priced feed imports, though the move is a short-term profit-taking reversal rather than a change in the broader dollar trend.
inews.idRanto RajagukgukOct 31, 2017Not enough comparable past events yet for a historical read.
Not 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.
