The Dow Jones slightly pointed lower by 0.12% to 22,653 albeit sliding COVID-19 cases in a number of countries. Back to the domestic backdrop, Bank Indonesia (BI) recorded Indonesia’s official reserve assets at the end of March 2020 to stand at USD121 billion or decreasing by USD9.4 billion from Feb’s amount. The root of March’s lower amount was the spending of USD7 billion on stimulus for stabilizing rupiah exchange rate and the payment of mature debts amounting to USD2 billion.

Download full report HERE.