IDR rate. Forecast for Indonesian rupiah price

Indonesian rupiah: fundamental analysis, technical analysis, COVID-19, trend analysis, actual scenario.

Today we’re analysing the situation in Indonesia and the impact of coronavirus on this country and its national currency, the Indonesian rupiah.

Economy of Indonesia

Indonesia is the largest island country: its territory includes 17,804 islands. The most popular tourist island is perhaps Bali and the most populated one – Java. The country’s population amounts to over 212 million people. Thirty-five million people belong to the agglomeration of Jakarta, the capital of Indonesia, which makes it the world’s second most populated capital after Tokyo.

The industrial sector has developed…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>