However, the growth might be stagnant since the risk assets in the emerging market start to show their might over the calming of coronavirus.

The virus halted IDR's growth reaching Rp13,500-ish.

The strengthening of IDR is seen as the result of the U.S obligation’s low yield rate. Domestically, Bank Indonesia (BI) did not issue any news that affect IDR negatively; hence. IDR is sailing smoothly.

The calming of the coronavirus phenomenon is also the cause.

However, IDR still has to be careful of coronavirus.

Fortunately, a piece of good news came from the Federal Reserve, having injected US$500 billion to the market via repo to stabilize liquidity.

IMF cut its bright prediction from 3.4 percent to 3.3 percent because of the slow economic growth in India and emerging markets.

Regarding the “Phase Two” agreement, the time has not been determined yet.

Phase Two agreement will take place after the 2020 U.S Presidential Election. Let's hope the best for both countries.

The signature of the “Phase One” agreement is said to bring positive sentiment to the risk asset.

Chinese import tariffs will not be erased until the agreement for Phase Two, reportedly to be held after the U.S Presidential Election in 2020.

Welcoming the Phase One signing on 15 January, IDR is approaching even closer to Rp13,650/USD.