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Indonesia's fiscal authorities warn that the Federal Reserve may raise its policy rate three times in 2017, which would strengthen the US dollar. Officials say higher rates would raise the cost of foreign debt service and government bond yields.
They say debt issuance must be closely matched to monthly needs.
Expected Fed tightening and a stronger dollar would raise the cost of dollar-priced imports for Indonesian feed and meal buyers and weaken the rupiah. Higher US rates and a firmer dollar are a broad headwind for dollar-priced grain and oilseed trade.
liputan6.comFiki AriyantiJan 27, 2017Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, DXY 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.
