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Emerging market currencies, including the rupiah, have been gradually strengthening against the US dollar and holding steady after a stressful week. Analysts said investors remain interested in emerging markets despite expectations of a US rate hike in June.
Firmer emerging market currencies lower the local-currency cost of importing feed ingredients for Asian buyers, a mild support for demand but not a major price driver.
ekbis.sindonews.comKunthi Fahmar SandyMay 29, 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.
