Apart from the liquidity support, China's Bank Central also cut its interest rate by 10 basis points to ease the market crash amid the Coronavirus outbreak that has infected more than 20,000 lives.
On Tuesday morning, the rupiah opened lower at Rp13.748 against the dollar in the Jakarta interbank market. According to Bank Indonesia's exchange rate, Tuesday, the rupiah plunged to Rp13.760 against the dollar, while the day before, it was recorded at Rp13.726.
Throughout the day, the rupiah moved between Rp13.702 and Rp13.773 against the dollar. (INE)
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