The significant increase of confirmed cases and death toll caused the financial market to worry, avoiding risk assets such as IDR.

Fortunately, the World Health Organization stated that the number of infections is decreasing. This might break IDR’s fall.

The Governor of the Fed, Jerome Powell, stated that the U.S economy remains strong.

The market still worries about the novel coronavirus outbreak whose death toll passed 1,000.

Indonesian forex experts warned that the IDR might fall further today.

Despite the strengthening, Indonesian forex experts warned that IDR might fall down once more due to the negative sentiment regarding the outbreak of the novel coronavirus.

However, watch out of the lurking danger of the novel coronavirus.

Indonesian forex experts explained that the IDR’s strengthening today is caused by the stimulus given by the Chinese Central Bank.

Moreover, the novel coronavirus from Wuhan may also slow down China’s economic growth, judging from the slump in the trade and production activities.

Indonesian forex experts explained that the weakening of IDR was caused by the negative sentiment that the Wuhan coronavirus had spread further globally.

Market's calmness toward coronavirus and Chinese data contributed to IDR's strengthening.

Indonesian forex experts, nonetheless, assured that the weakening of IDR is only temporary.