THE EFFECT OF COVID-19 TO EXCHANGE RATE

Ivy Theresa

No kmwcq, OSF Preprints from Center for Open Science

Abstract: Currently, in the whole world is experiencing a COVID-19 pandemic, including Indonesia. In Indonesia, there are quite a lot of people who have been affected by this virus. The presence of the COVID-19 will affect the economy, both in Indonesia and throughout the world. Many countries are predicted to experience a recession due to this pandemic. Finance Minister Sri Mulyani said, if COVID-19 could be handled as soon as possible, then economic growth was still above 4%. But the government must keep on preparing if this pandemic will last for another 3-6 months, the economic situation will worsen, with economic growth estimated at around 2.5% or even 0%. The purpose of this research is to find out the growth of COVID-19 in Indonesia and the impact of COVID-19 on the exchange rate. In this research, a descriptive analysis method is used by collecting data from ​the Ministry of Health, the Ministry of Finance and ​Bank Indonesia​. The results of this study indicate the growth of COVID-19 in Indonesia and the impact of the virus on the exchange rate. Keywords : COVID-19, Exchange Rate, Research Methodology

Date: 2020-05-19
New Economics Papers: this item is included in nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:kmwcq

DOI: 10.31219/osf.io/kmwcq

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