As stated above, the COVID-19 pandemic caused panic among investors and global market players, especially at the end of March and  BANK INDONESIA’S ANNUAL MEETING 2020  April 2020 which prompted large capital flight flows and weakened exchange rates for various world currencies, including Indonesia. The Rupiah was under pressure and it reached Rp.
A fundamental premise of our approach is that we make considerable efforts to ensure that our licensees understand the importance of, and implement and comply with, recognized international best practice in their field. But not everything is local. Global capital flows are critical for Bahrain. We are a small nation; we have an open economy and we do not impose complex capital controls.