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​​​​​Communication Department
10/23/2020 4:00 AM
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Performance of Rupiah Stability Indicators (23rd October 2020)

 
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Monitoring economic conditions in Indonesia, particularly in terms of the COVID-19 impact, Bank Indonesia regularly publishes rupiah stability indicators, including the exchange rate and inflation, as follows:
A.    Exchange Rate Developments 19th-22nd October 2020
End of Thursday, 22nd October 2020
1.     The rupiah closed at a (bid) level of Rp14,640 per US dollar.
2.     Benchmark 10-year SBN yield decreased to 6.72%.
3.     DXY[1] weakened to a level of 92.95.
4.     10-year US Treasury (UST) Note[2] yield increased to a level of 0.856%.
Friday Morning, 23rd October 2020
1.     The rupiah opened at a (bid) level of Rp14,650 per US dollar.
2.     Benchmark 10-year SBN yield stable at 6.59%.
Foreign Capital Flows (Fourth Week of October 2020)
1.     Indonesia 5-year credit default swap (CDS)[3] premium remained relatively stable at 93.91bps as of 22nd October 2020 comparted with 93.22bps on 16th October 2020.
2.     Based on transaction data from 19th-22nd October 2020, non-resident investors booked a net buy totalling Rp4.04 trillion in the domestic financial markets, with a net buy in the SBN market of Rp4.98 trillion and a net sell recorded in the stock market of Rp0.94 trillion.
3.     Based on settlement data in 2020 (ytd), non-resident investors have booked a net sell totalling Rp160.56 trillion in the domestic financial markets.
 
B.    Inflation Remains Low and Under Control
1.     Based on the latest Price Monitoring Survey as of the fourth week of October 2020, inflation in October 2020 is predicted at 0.08% (mtm). Therefore, inflation in October 2020 for the calendar year is estimated at 0.97% (ytd) or 1.46% (yoy) annually.
2.     The main inflation contributors in the reporting period were red chilies (0.09% mtm), shallots (0.03% mtm), as well as cooking oil and purebred chicken meat (0.01% mtm). Meanwhile, several commodities experienced deflationary pressures, namely purebred chicken eggs (-0.04% mtm), rice and gold jewellery (-0.01% mtm).
 
Bank Indonesia will continue to strengthen coordination with the Government and other relevant authorities in order to carefully monitor COVID-19 transmission dynamics and the economic impact over time, while taking the coordinated policy measures required to maintain macroeconomic and financial system stability as well as support solid and resilient national economic growth.
 
Head of Communication Department
Onny Widjanarko
Executive Director 

Information on Bank Indonesia
Tel. 021-131, email: bicara@bi.go.id

 
 
 
 
 
 
 
[1] DXY or the US Dollar Index is an index of the value of the United States dollar relative to a basket of six foreign currencies, namely EUR, JPY, GBP, CAD, SEK and CHF.
[2] United States Treasury Notes are government debt instruments issued by the United States Department of the Treasury with tenors of 1-10 years.
[3] CDS or credit default swaps are an indicator often used as a proxy of country risk.

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Halaman ini terakhir diperbarui 11/28/2020 11:32 AM
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