Loading…
Bank Indonesia was widely expected to hold its 7-day reverse repo rate at a record low of 4.75% at its February 16 meeting. Indonesia's 2016 growth was 5.02%, and Moody's revised its sovereign outlook to positive on February 8.
Stable low policy rates support domestic livestock and feed credit, while a positive rating outlook may help capital inflows that stabilise the rupiah for feed import costs.
ibtimes.sgBoby MichaelFeb 16, 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.
