Unstoppable Bleeding of the Economy - Market Pulse - magz.tempo.co

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Unstoppable Bleeding of the Economy

Tuesday, March 24, 2020

OUR economy is severely bleeding. There has been a rapid outflow of foreign exchange in the past month.

Foreign Funds in Government Bonds. tempo : 173222341389.

This is the effect of the Covid-19 pandemic which has been shaking global financial markets. All investors—big, small, individual or institutional—are reallocating their portfolio investment seeking safety.

That investment reallocation is the trigger for Indonesia’s foreign exchange reserve hemorrhage. Foreign portfolio investment fund that previously parked steadily in various government bonds or stock market suddenly grew res

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