Indonesia’s capital inflows reach 192.5 trillion Rp
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).
Bank Indonesia Governor Perry Warjiyo (Photo: Antara News)
Jakarta (VNA) – Capital inflows to Indonesia stood at 192.5 trillionRp (13.82 billion USD) as of July 18, indicating investors’ stronger confidencein the country’s economy, according to the Bank Indonesia (BI).
BI Governor Perry Warjiyo said on July 19 that some 118.5 trillion Rp waspoured into the Indonesian financial system through government debt papers,while 74 trillion Rp entered through the stock market.
The flow of foreign capital was at a high intensity that would help improve thecountry’s capital balance and balance of payment, thus supporting the economicstability, he said.
As of the end of June, the central bank recorded 9.7 billion USD in capitalinflow. The positive perception of the country’s economy had been strengthenedrecently, supported by rating upgrades by Standard and Poor’s as well as loosermonetary policy.-VNA
More than 40 companies have lined up to raise about 30 trillion Rp (2.2 billion USD) in fresh capital through initial public offerings (IPO) and bond and rights issuances through the Indonesia Stock Exchange (IDX) within the next few months, according to the Financial Services Authority (OJK).
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Bank Indonesia Governor Perry Warjiyo (Photo: Antara News) 
