The U.S Government aims to tackle the unemployment surge and the COVID-19 with the US$2 trillion stimuli.

Low PMI and COVID-19 are the main reasons why IDR's rate faltered so much today.

IDR might strengthen later.

The strengthening of IDR today is caused by the unlimited stimulus package, worth US$2 trillion, consented by the U.S Senate on Friday last week.

However, it might be weakening once more due to COVID-19.

The stimulus from governments around the world results in the hike of IDR's rate.

The strengthening of Indonesian Rupiah is caused by the announcement of a credit program for businesspeople by the central bank of the U.S, The Federal Reserve (The Fed).

The minimum macroeconomics data has affected the limitation on forex trading’s mobility, while the pandemic is still haunting the market.

The pandemic causes global and domestic concerns.

Will IDR proceed to Rp16,000/USD?

You might want to exchange your USD now.

Domestically, the announcement of February’s trade balance, projecting a US$90 million surplus, will support IDR higher.