Foreign capital flow to Indonesia totals 16.07 bln USD in 2019
Governor of the Bank Indonesia Perry Warjiyo has said foreign capital flow to the country totalled 16.07 billion USD in 2019 despite global economic uncertainties.
Bank Indonesia Governor Perry Warjiyo (Photo: Antara)
Jakarta (VNA) – Governor of the Bank Indonesia PerryWarjiyo has said foreign capital flow to the country totalled 16.07 billion USDin 2019 despite global economic uncertainties.
He said most of them are in government bonds, State securitiesand corporate bonds, adding that foreign reserves also significantly increasedin the fourth quarter, reaching 127 billion USD, bringing the country's balance of payment into positiveterritory.
Indonesia’s inflation stood at 2.72 percent whilenecessities remained stable in 2019, he said.
According to him, Indonesian people and foreign investors believein the leadership of the government and expect impressive growth figures in2020./.
Capital inflows to Indonesia stood at 192.5 trillion Rp (13.82 billion USD) as of July 18, indicating investors’ stronger confidence in the country’s economy, according to the Bank Indonesia (BI).
Indonesia’s central bank (BI) slashed interest rates on September 19 for the third month in a row as Southeast Asia's biggest economy is affected by the US-China trade war and slow global growth.
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Bank Indonesia Governor Perry Warjiyo and Japanese Finance Minister Taro Aso recently signed an MoU on the use of the countries’ currencies in bilateral trade and direct investment transactions.
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Bank Indonesia Governor Perry Warjiyo (Photo: Antara) 
