Investor Presentaiton
30-Dec
Exchange Rate In Line with Fundamentals
Movement of Rupiah
a.o 16 Aug 2021
Quarterly Average
Monthly Average
15,711
IDR/USD
0114893
14,673
15,179
14,5 14,80
14,381
14,708
14450
14,22 14,232
14157
14254
14120 14,113
1433!
14,529
14399
13,714 14,855
14,387
1400
14134
14064 14219
14,105
14,201
14,12
14,3674,000
14,023
14,141
14,031
14,006
14,044
13,000
22
17,000
16,500
16,000
14,494 15,500
15,000
14372.5
14,500
13,500
The Rupiah is strengthening in response to Bank Indonesia's
stabilisation measures and maintained foreign capital inflows to
domestic financial markets. As of 18th August 2021, the
rupiah appreciated 0.89% on average and by 0.63% (ptp) on
the July 2021 level. The stronger rupiah is supported by
increasing foreign capital inflows to domestic financial markets
in line with lower global financial market uncertainty and the
positive perspective of investors concerning the domestic
economic recovery. As of 18th August 2021, therefore, the
rupiah recorded 2.24% (ytd) depreciation on the level recorded
at the end of 2020, which is 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.
Rupiah Exchange Rate Volatilty
Rupiah Exchange Rate Fared Relatively Well Compared to Peers
YTD 2021 vs 2020
TRY -12.99
35
do
%
32.2
As of 18 Agu-21
BRL
-1.06
-4.05
30
JPY
-5.88
-1.29
THB
-10.16
21.7
■Q1-21
■ Q2-21
■Q3-21
0.10
25
INR
-1.32
■point-to-point average
--0.63-
20.3
20.6
IDR
-2.24
1.48
20
MYR
4.71
16.4
1.89
PHP
-4.75
15
2.02
SGD
-2.72
3.12
10
19
12.0
10.6
EUR
-4.95
4.89
KRW
-7.02
4.96
ст
5
CNY
0.65
6.62
10.1
4.1
14.7 2.7
5.9 5.2
4.3
2.4
19.8 11.1 5.2 3.6
9.9
7.5
7.365.8 7.3 6.4
5503
8.4 10.4 4.4
ZAR
as of
18-Aug-21
-15.0
-10.0
-1.91
-5.0
0.0
5.0
12.83
TRY
ZAR
INR
BRL
PHP
MYR IDR
KRW
THB
SGD
10.0
15.0
56
Source: Reuters, Bloomberg (calculated)View entire presentation