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The rupiah gained 0.02% to Rp18,085 per US dollar on Monday. An analyst attributed support to Indonesia’s foreign-exchange reserves, which reached $146.8 billion at the end of October, enough to cover more than five months of imports and government external debt payments.
Stronger reserves can support confidence in the rupiah and reduce depreciation pressure, lowering the cost of imported feed and energy inputs 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.