Hello, please help me to solve this question. Thank you in
advance!
Indonesian Rupiah exchange rate to USD is under a roller coaster
movement in Indonesia during 2020. From the level of IDR 14.500,
IDR had been strengthening to level of IDR 13.600 but since then
depreciating quickly to IDR 16.000 and over. What are the factors
that influence the Indonesian Exchange Rate. Please also explains
what has caused such a strong movement (especially the depreciation
of Indonesian Rupiah lately) of this Indonesian Exchange Rate?