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Bank Indonesia unexpectedly cut its policy rate to 4.5% from 4.75% on August 22 to support economic growth. The central bank forecast 2018 inflation at 3.5% and an exchange rate of 13,500 rupiah per dollar.
Easier policy supports domestic demand but may weaken the rupiah over time, which raises the cost of imported feed inputs in Indonesia. The effect on commodity prices is limited.
en.vietnamplus.vnVietnam+ (VietnamPlusAug 23, 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.
