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An FXTM analyst said emerging-market currencies such as the rupiah could benefit from the Federal Reserve's decision to leave US interest rates unchanged. The analyst also noted that the Fed had not given the market a clear timeline for future rate changes.
Indonesia's foreign exchange reserves, though slightly lower, remained at a high level.
A steady US rate path supports capital inflows to emerging markets and keeps the dollar from strengthening quickly, which limits import cost pressure on feed buyers in those markets.
antaranews.comMuhammad Razi RahmanJul 27, 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.
