The rupiah has firmed against the greenback since the last several days and on Thursday it strongly appreciated by 1.99 per cent to 15,880 against one US dollar, compared to 16,326.23 on Wednesday, according to data from a dealer. - AFP
JAKARTA (Xinhua): Despite discouraging economic trends, Indonesia remains optimistic that its economy will grow positively, especially during the further spread of the Covid-19 which has claimed 306 lives till Friday(April 10).
Such economic indications include the central bank's current foreign exchange reserves which dropped US$9.4 billion to US$121 billion last month (March, 2020) as the lender has intensified intervention in the financial market to strengthen the Indonesian rupiah.
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