THE COVID-19 PANDEMIC disturbed Indonesia’s economic stability. In Mar., monthly inflation reached 0.10%, reflects economic slowdown as demonstrated by deeper deflation of transportation. Prices of foods dropped thanked to supply from imports. The pandemic and its economic impact dragged down rupiah value, its average value fell by 10.3% (m-t-m). Rupiah was traded at Rp 16,367 to the US$ in end of Mar. Bank Indonesia directly intervened the markets to stabilise the undervalued rupiah.

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