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Jakarta Post

Investors set to look to Indonesia in 2021: Analysts

  • Riska Rahman

    Jakarta

PREMIUM
Jakarta   /   Tue, December 29 2020   /  01:00 am
Rolled Euro banknotes are placed on US Dollar banknotes in this illustration taken May 26, 2020.(Reuters/Dado Ruvic)

Indonesia is expected to remain lucrative for foreign funds in 2021, according to analysts, as investors are on a return hunt amid a low interest rate trend and quantitative easing measures implemented in various countries around the world. As countries grapple to contain the COVID-19 pandemic, central banks around the world are expected to continue quantitative easing measures and maintain interest rates at a low level to spur economic activity. Such a situation is expected to bring foreign capital inflow to emerging markets, including Indonesia, Mandiri Sekuritas fixed income analyst Handy Yunianto said on Dec. 22.   “Ample liquidity and low yields will send foreign investors to seek high yield assets and Indonesia still offers that attractive yield,” he said during an online press briefing. Although Indonesia’s 10-year government bond yield had fallen b...