Indonesia Enjoys Investment Inflows Amidst the Growing Risk of an Economic Slowdown
The capital flight takes a U-turn, as portfolio investment funds return to the Indonesian financial market. There is a growing risk of economic slowdown, though.
Yopie Hidayat
December 11, 2023
FINALLY, the ‘bleeding’ has stopped. After months of witnessing capital outflows, Indonesia saw a reversal of foreign portfolio investment flows into the domestic financial market in November. Indonesia’s foreign exchange reserves increased by US$5 billion in just one month, reaching US$138.1 billion by the end of November.
The shift in investment flows and positive market sentiment is undoubtedly tied to predictions about
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