In the consumer price index (seasonally adjusted) for October released by the Ministry of Internal Affairs and Communications, the index excluding fresh food was 101.3, 0.7% lower than the same month of the previous year.

COVID-19 and BI's decision to cut the reference rate caused IDR to fall back.

And, the rate is predicted to strengthen even more due to the global and domestic positive trends.

The second investment in Indonesia, made by Google.

The first preliminary report of gross domestic product (GDP) for the July-September period increased by 5.0% from the previous period (April-June) in real terms.

There is no positive sentiment, so IDR could not march forward.

As vaccine shows promise, the IDR is strengthening today.

Even if Mr. Biden wins, it will be difficult to realize policies such as tax increases and tightening of regulations.

From COVID-19 to omnibus law rejection, factors caused IDR to falter.

But, the rate will regain its stance today.

The International Monetary Fund (IMF) announced the latest economic outlook on the 13th.

The U.S economy is showing improvement, which caused IDR to stop and stare for a while.