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​Communication Department

8/6/2021 12:00 AM
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Performance of Rupiah Stability Indicators (6th August 2021)

 
Press Releases

No. 23/196/DKom

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 2nd-6th August 2021

End of Thursday, 5th August 2021

  1. The Rupiah closed at a (bid) level of Rp14,340 per US dollar.
  2. Benchmark 10-year SBN yield decreased to a level of 6.25%.
  3. DXY1 strengthened to a level of 92.24.
  4. 10-year US Treasury (UST) Note2 yield increased slightly to a level of 1.224%.

 

Friday Morning, 6th August 2021

  1. The rupiah opened at a (bid) level of Rp14,340 per US dollar.
  2. Benchmark 10-year SBN yield increased to a level of 6.27%.

 

Foreign Capital Flows (First Week of August 2021)

  1. Indonesia 5-year credit default swap (CDS) premium decreased to 78.70bps on 5th August 2021 compared with 80.42bps on 30th July 2021.
  2. Based on transaction data from 2nd-5th August 2021, non-resident investors booked a net buy totalling Rp11.23 trillion in the domestic financial markets, with a net buy in the SBN market of Rp9.89 trillion and a net buy recorded in the stock market of Rp1.34 trillion.
  3. Based on settlement data in 2021 (ytd), non-resident investors have booked a net buy totalling Rp14.63 trillion in the domestic financial markets.
     

B.    Inflation Remains Low and Under Control

  1. Based on the latest Price Monitoring Survey in the first week of August 2021, monthly price developments in August 2021 remain under control and inflation is predicted at 0.04% (mtm). Therefore, inflation in August 2021 for the calendar year is estimated at 0.85% (ytd) and 1.60% (yoy) annually.
  2. The main inflation contributors in the reporting period were purebred chicken eggs (0.03% mtm), tomatoes and cooking oil (0.02% mtm) as well as shallots (0.01% mtm). In contrast, bird's eye chilies and purebred chicken meat (-0.03% mtm), red chillies (-0.02% mtm) as well as water spinach, spinach, mustard greens, yardlong beans and oranges (-0.01% mtm) experienced deflationary pressures.

 

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.

Jakarta, 6th August 2021
Head of Communication Department
Erwin Haryono
Executive Director
Information about 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.


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e-mail : bicara@bi.go.id
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Halaman ini terakhir diperbarui 8/9/2021 5:46 PM
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