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Bank Indonesia is preparing to build a cushion against capital outflows ahead of an expected Federal Reserve rate increase in mid-March. The Fed chair signaled a likely hike sooner than investors had anticipated.
Capital outflows and rupiah volatility would raise the cost of imported feed ingredients priced in dollars for Indonesian buyers.
english.kontan.co.idBarratut Taqiyyah RafieMar 7, 2017Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
