Riffrag Business & Finance Report

JAKARTA – Bank Indonesia (BI) BI asserted if the associated policy packages one month period was deliberately not closed the opportunity for foreign investors, to purchase Bank Indonesia Certificates (SBI). The reason is the presence of foreign funds was also a positive impact on the domestic market.

It is said Director of Economic Research and Monetary Policy Bank Indonesia BI Perry Warjiyo in discussions Bareng Media (BBM), in Building the Bank of Indonesia, Jakarta Monday (6/21/2010).

“Particularly in the domestic foreign exchange market, because it does not always have excess supply. Even to excess demand,” he said.

Furthermore, it was clear Perry, Indonesia, in principle, still require the presence of foreign funds, especially for investment activities. Even if there is negative impact, he said, BI is still able to anticipate the policy of holding one-month SBI.

“If this can be achieved with this policy, why the need to create policies that risky,” he concluded