The countries are waiting for the U.S to release new economic stimulus policies to help alleviate the negative impact due to the COVID-19.

IDR faltered further to Rp14,522/USD.

It is a part of an effort to strengthen domestic economic growth.

COVID-19 is expected to halt global economic growth. Some countries have planned their contingency plans to suppress the impact on their economy. What about Indonesia?

The U.S non-farm payroll data and COVID-19 buffeted IDR.

As the second-largest economy in the world, it certainly disrupts the world’s supply chains.

Rupiah is in dire straits.

Some factors promise that IDR will be saved today.

From releasing new policies and cutting benchmark rate, BI and The Fed are helping Indonesian Rupiah.

However, discussion between SoftBank and the Indonesian government is going smoothly.

Indonesian forex experts still blame the outbreak of the novel coronavirus (COVID-19) in countries outside China such as Italy, S. Korea, the Middle East, and the U.S.

Better not hold your breath on this.