TEMPO.CO, Jakarta - Bank Indonesia (BI) Governor Perry Warjiyo said that Indonesia has received IDR 10.1 trillion in foreign capital as of January 9, 2020, which he argued was due to the improving level of trust from global investors.
"Update on Indonesia's foreign portfolio inflow as of January 9 is IDR 10.1 trillion, comprising IDR of 10 trillion in state securities; IDR 1,3 trillion in shares, and several drops in SBI. This shows a large amount of foreign capital entering Indonesia and the confidence shown by investors," said the BI governor on Friday, January 10, 2020.
According to Perry, the forecast on the flow of foreign capital will further strengthen Indonesia's first-quarter of 2020.
Other than the improving foreign investors' confidence, the Bank Indonesia governor said the Indonesian financial market portfolio result will yield attractiveness compared to other countries, as the large flow of investments will invite more foreign capitals to Indonesia.