Investor Presentaiton
Exchange Rate In Line with Fundamentals
Movement of Rupiah
a.o 16 Jul'21
Quarterly Average
17,000
16,500
16,000
15,500
14,500
14,000
Given Bank Indonesia's stabilisation measures, rupiah exchange
rate movements have remained under control despite
increasing global financial market uncertainty. As of 21st July
2021, the rupiah depreciated 1.14% on average and by 0.29%
(ptp) on the June 2021 level. The rupiah has succumbed to
depreciatory pressures as a result of flight to quality that
triggered capital outflows from developing economies amidst an
adequate domestic supply of foreign exchange. Consequently,
as of 21st July 2021, the rupiah depreciated by approximately
3.39% (ytd) on the level recorded at the end of 2020, lower
than depreciation in several other peer countries, including the
Philippines, Malaysia and Thailand. Bank Indonesia constantly
strengthens rupiah exchange rate stabilisation measures in line
with the currency's fundamental value and market mechanisms
through effective monetary operations and adequate market
liquidity.
Monthly Average
15,711
IDR/USD
14,673
14893
15,179
14,5 14,80.
14,381
14,708
14,220 14,232
14497.515,000
14157
14254
14,113
14339
14120
13,714 14,855
14,387
1400
14134
14,141
14,031
1406414219 14,105
14,006
14,201
14,12
14,529
14,023
13,500
14,044
13,000
Rupiah Exchange Rate Fared Relatively Well Compared to Peers
Rupiah Exchange Rate Volatilty
YTD 2021 vs 2020
TRY
-13.792.18
32.26
BRL
-1.30
-4.48
JPY
-6.44
-1.09
INR
-2.10
0.77
THB
-8.85
0.92
IDR
-3.39
1.58
MYR
-4.65
2.24
PHP
-4.65
point-to-point
2.48
SGD
-2.95
average
3.31
EUR
-4.27
5.10
KRW
-5.85
5.30
CNY
0.85
6.63
a.o 21-Jul-21
ZAR
0.11
21.45
20.09
17.65
16.41
14.56
13.21
11.38
9.93
7.15
7.20 |
7.99
8.99 8.02
9.21
8.00
10
7.21 7.04
6.10
7.35
7.26
4.72
5.37
5.64 4.46
3.16
55
2.90
4.24
4.87
35
■May-21
30
Jun-21
a.o 21 Jul 2021
25
25
Jul-21
20
16.68
20
15
12.94
-20.0
-15.0
-10.0
-5.0
0.0
5.0
10.0
15.0
BRL
ZAR
TRY
IDR
KRW THB
MYR
INR
SGD PHP
Source: Reuters, Bloomberg (calculated)
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