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Mitchell Castro01 April 2020Finance 329- Section XXTrading Paper using OandaFor this project, the currency I decided to trade was $100,000 USD to Indonesian Rupiah(IDR). On March 17th 2020, the Rupiah (Rp) dropped to its weakest value ever since the marketrout which occurred in 2018. That day, the Rupiah declined its value from around Rp 14.000 per$1 USD to Rp 15.160 per $1 USD. The rather huge decline in its value was a result of theincreasing number of coronavirus cases in Indonesia, which affected the economy adversely andcaused a huge number of people to sell their government bond ...


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