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.

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?