The Board of Governors Meeting (RDG) Held by Bank Indonesia on 19-20 February 2020 Announced to Reduce the BI 7-Day Reverse Repo Rate (BI7DRR) by 25 bps to 4.75%, The Deposit Facility Interest Rate by 25 bps to 4.00 %, and Lending Facility Interest Rate of 25 bps to 5.50%. Bi Governor Perry Warjiyo Stated that Monetary Policy Remains Accommodative and Consistent Amidst the Prospects of Global Economic Recovery in Connection with the Occurrence of Covid-19 (CNBC) South Korea Years as Traders Dumped Riskier Assets Amid Growing Concern about the spread of the Coronavirus. No Asian Currency was spared in the rout which was triggered by a spike in confirmed virus cases in South Korea and two fatalities in Japan. The Yuan Retreated and the Australian Dollar, which is like as a proxy to the Chinese currency, slid to an 11-year low. The Thai Baht Tumbled to An Eight-Month Low While The Indonesian Rupiah and Malaysia`s Ringgit Depreciated at Least 0.5%. The Offshore Yuan extended a decline past 7 per dollar to trade at its weakest sinceremer. (Bloomberg) Source: Danareksa Securities Debt Research Photo by Janis Rozenfelds on Unssplash