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The rupiah opened 98 points, or 0.54%, stronger at Rp18,070 per US dollar on Thursday, compared with the previous close of Rp18,168. The article is a brief market update on the opening move.
A firmer rupiah at the open lowers the local-currency cost of dollar-priced feed imports for Indonesian buyers.
Not 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.