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The rupiah traded in a narrow range of Rp 13,522 to 13,538 on October 24, rising slightly on profit-taking after the dollar's gains. Bank Indonesia's decision to hold its benchmark rate at 4.25% gave modest support to the currency.
Limited rupiah moves keep Indonesian feed import costs roughly stable in the near term, while the outlook remains sensitive to US rate expectations.
liputan6.comAgustina MelaniOct 24, 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.
