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The rupiah traded near IDR 13,317 per dollar on May 9 and was briefly pressured after a court sentenced Jakarta governor Basuki Tjahaja Purnama (Ahok) to two years in prison. Analysts said the dollar had weakened in Asia after Emmanuel Macron won the French presidential runoff.
Political developments in Indonesia briefly weighed on the rupiah, but the moves are small and have no meaningful impact on feed commodity prices.
liputan6.comArthur GideonMay 9, 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.
