Baca berita tanpa iklan. Gabung Kompas.com+
February 10, 2021, 04.55 PM


JAKARTA, KOMPAS.com – Indonesia’s central bank said on Tuesday that throughout the year foreign capital inflows could reach $19.6 billion, or higher than the initial estimation at $19.1 billion.

“We expect foreign capital inflows of $19.6 billion after last year’s capital flow reached $9.45 billion,” Bank Indonesia (BI) Governor Perry Warjiyo told House of Representatives Commission XI overseeing financial affairs via teleconference on February 9.

“The capital flow of $19.6 billion could make Indonesia as the second-largest destination in attracting foreign capital after China,” Perry added.

Also readBaca juga: Millennials Are Source of New MSMEs Creation, Says Bank Indonesia

He said that the capital flow of $19.6 billion would come from a portfolio investment, which excludes foreign investment. He said that the new Job Creation Law could boost foreign investment in the country.

The conditions on the domestic and international financial market could also support the foreign capital inflows. While other aspects include global liquidity, low-interest rate trends in developed countries, and a low-risk premium.

Also readIndonesian Economy Sinks to A Record Low of Minus 2.07%

“This could help us to maintain external stability, including the exchange rate and managing the economy,” Perry said.

The foreign capital inflows have started at the beginning of the year. In the first of week February alone, the foreign capital inflows reached 12.12 trillion rupiahs ($867.3 million).

This came from the purchase of government securities (SBN) amounting to 7.91 trillion rupiahs ($565.7 million) and from the stock market of 4.21 trillion ($301.1 million).

Source: https://money.kompas.com/read/2021/02/09/145600626/bi-aliran-modal-asing-ke-ri-bisa-tembus-196-miliar-dollar-as-tertinggi-kedua

 

Dapatkan update berita pilihan dan breaking news setiap hari dari Kompas.com. Mari bergabung di Grup Telegram "Kompas.com News Update", caranya klik link https://t.me/kompascomupdate, kemudian join. Anda harus install aplikasi Telegram terlebih dulu di ponsel.

Baca berita tanpa iklan. Gabung Kompas.com+


Baca berita tanpa iklan. Gabung Kompas.com+
Comment wisely and responsibly. Comments are entirely the responsibility of the commentator as regulated in the ITE Law
Report
Thank You! We have received your report. We will remove comments that conflict with the Community Guidelines and the ITE Law.

More Headlines

News
April 14, 2023, 12.38 PM

Indonesia Detects New Covid Arcturus Variant

News
April 5, 2023, 05.16 PM

ASEAN to Finalize Agreement on EV Ecosystem

Baca berita tanpa iklan. Gabung Kompas.com+
Baca berita tanpa iklan. Gabung Kompas.com+

MOST POPULAR

Baca berita tanpa iklan. Gabung Kompas.com+
Baca berita tanpa iklan. Gabung Kompas.com+
Close Ads
Oke
Baca berita tanpa iklan. Gabung Kompas.com+