Updated
Updated · Bloomberg · Jun 5
Indonesia Cites Q2 Bond Inflows to Rebut Selloff Fears as Rupiah and Stocks Slump
Updated
Updated · Bloomberg · Jun 5

Indonesia Cites Q2 Bond Inflows to Rebut Selloff Fears as Rupiah and Stocks Slump

3 articles · Updated · Bloomberg · Jun 5

Summary

  • Government bonds and central bank debt securities drew inflows through early June, Finance Minister Purbaya Yudhi Sadewa said, arguing investors still back Indonesia despite recent market weakness.
  • Second-quarter equity flows turned negative, but Purbaya said the overall net figure remains positive, pushing back on what he called a “Sell Indonesia” narrative.
  • Jakarta’s defense comes as the rupiah and local stocks have slumped, forcing officials to use capital-flow data to support confidence in the economy.
  • The remarks, delivered at a budget briefing in Jakarta, frame debt-market demand as evidence Indonesia’s broader economic track record remains intact.

Insights

Is Indonesia's undervalued stock market a golden opportunity or a value trap amid persistent currency weakness?
Can Indonesia's economy truly thrive while its core consumer, the middle class, continues to shrink?
How can Indonesia achieve 8% growth while phasing out the fossil fuels that power its economy?