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Bank Indonesia deputy governor Perry Warjiyo said the pace of Federal Reserve rate hikes will be a key factor in whether Indonesia adjusts its policy rate in coming months. He said the central bank is holding rates even though it has domestic room to ease.
The comments tie Indonesian monetary policy to US tightening, which could pressure the rupiah and raise import costs for feed ingredients if the Fed moves faster.
businesstimes.com.sgApr 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.
