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The rupiah weakened 32 points to Rp13,370 per dollar in the central bank's reference rate on August 11. Heightened US-North Korea tensions drove investors into safe-haven currencies such as the yen and Swiss franc, which limited the rupiah's gains from a weaker dollar.
Geopolitical risk-off flows pushed the rupiah lower against the dollar, raising the rupiah cost of dollar-priced feed ingredients. The impact is modest and tied to headline risk.
ekbis.sindonews.comBona VenturaAug 11, 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.
