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Communication Department​​

12/10/2021 10:00 PM
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Performance of Rupiah Stability Indicators (10th December 2021)

 
Press Releases

No. 23/325DKom

Monitoring economic conditions in Indonesia, particularly in terms of the Covid-19 impact, Bank Indonesia regularly publishes rupiah stability indicators, including exchange rates and inflation, as follows:

 

A.    Exchange Rate Developments 6-10th December 2021

End of Thursday, 9th December 2021

  1. The rupiah closed at a (bid) level of Rp14,350 per US dollar.
  2. Benchmark 10-year SBN yield decreased to a level of 6.28%.
  3. DXY[1] strengthened to a level of 96.27.
  4. 10-year US Treasury (UST) Note[2] yield increased to a level of 1.499%.

Friday Morning, 10th December 2021

  1. The rupiah opened at a (bid) level of Rp14,360 per US dollar.
  2. Benchmark 10-year SBN yield was stable at a level of 6.28%.

Foreign Capital Flows (Second Week of December 2021)

  1. Indonesia 5-year credit default swap (CDS) premium remained relatively stable at 78.39bps on 9th December 2021 compared with 86.64bps on 3rd December 2021.
  2. Based on transaction data from 6-9th December 2021, non-resident investors booked a net sell totalling Rp3.23 trillion in the domestic financial markets, comprising a net sell in the SBN market of Rp8.08 trillion and a net buy recorded in the stock market of Rp4.85 trillion.
  3. Based on settlement data in 2021 (ytd), non-resident investors have booked a net sell totalling Rp45.91 trillion in the domestic financial markets.

 

B.    Inflation Remains Low and Under Control

  1. Based on the latest Price Monitoring Survey in the second week of December 2021, monthly price developments in December 2021 remain under control and inflation is predicted at 0.34% (mtm).  Inflation for the year of 2021, therefore, is estimated at 1.64%.
  2. The main inflation contributors in the reporting period were bird's eye chillies (0.08% mtm), cooking oil (0.04% mtm), red chillies (0.03% mtm), purebred chicken meat (0.02% mtm), as well as mustard greens, detergent powder, cement and airfares (0.01% mtm). In contrast, shallots and beef (-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, 10th December 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.


Lampiran
Kontak

​Contact Center BICARA : (62 21) 131
E-mail : bicara@bi.go.id
Working hours: Monday to Friday, 08.00-16.00 West Indonesia Time

Halaman ini terakhir diperbarui 12/23/2021 5:26 PM
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