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Bank Indonesia Governor Destry Damayanti said the central bank will use multiple tools, including spot transactions, domestic non-deliverable forwards and non-deliverable forwards, to stabilize the rupiah, which remains above Rp18,000 per US dollar. The stock index has not fully recovered from selling pressure.
Active central bank intervention signals a determination to limit rupiah weakness, which moderates import cost inflation for feed ingredients priced in dollars.
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.