Dow Jones advanced by 2.21% to 24,633 after Gilead’s remdesivir positively succeeded from two drug trials and proved a new treatment for COVID-19 patients. A glance at the domestic economy, BI’s governor stated that Indonesia’s economic growth—with respect to economic lockdown backstop to end corona’s vicious infection—still survived in maintaining benign inflation, stable rupiah’s exchange rate. BI’s “whatever-it-takes” measures—government bonds purchasing and an IDR503.8 trillion of QE—are inevitable to shield Indonesia’s economy against the virus’ lethal attacks.
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