Capital Inflow into Indonesia to Reach Nearly $10 Billion Soon

The rupiah exchange rate against the US dollar has also been relatively stable since July when it is compared to the rate from March to June period.

Meanwhile, the amount of current deficit transactions is estimated to reach 0.5 percent of gross domestic product (GDP) in 2020, or better than the previous projection of a deficit of 1.6 percent of GDP.

Also read: Indonesia Faces Delays in Covid-19 Vaccination

“We estimate that the yield on 10-year Indonesian government bonds will drop to around 6.25 percent in the fourth quarter of 2020,” he said, adding that the previous estimation was at 6.75 percent.

“So, the estimation of the yield on 10-year government bond in 2020 has been revised to 6.9 percent from 7.10 percent,” he explained.

(Writer: Kiki Safitri | Editor: Erlangga Djumena)

Source: https://money.kompas.com/read/2020/10/28/191100926/dana-asing-diprediksi-bakal-segera-banjiri-indonesia-hingga-rp-140-triliun-apa.