Loading…
Indonesia's Jakarta Composite Index fell 4 percent to 5,231.97 on Friday, its lowest in two months, with net stock sales of Rp 2.46 trillion. The rupiah briefly sank to Rp 13,865 per dollar before Bank Indonesia intervention lifted it to close at Rp 13,383.
Market turmoil and intervention reflect rising import-cost pressure for Indonesian feed producers. Currency swings complicate hedging and purchasing decisions for feed ingredients.
thejakartapost.comPrima WirayaniNov 11, 2016Not 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.
