Liputan6.com, Jakarta - Indonesia's economy is still positive. Until now, Indonesia's trade balance is still recorded surplus.

Assistant Governor Head of Policy Department of Bank Indonesia (BI) Dody Budi Waluyo explained, cumulatively from January to August 2017 Indonesia's trade balance recorded a surplus of US $ 9.11 billion. Raihan is much higher than the same period the previous year amounted to US $ 5.13 billion. He said the condition is in line with the swift capital of foreign entering Indonesia.

"Meanwhile, the inflow of foreign capital into Indonesia's financial market has reached US $ 9.17 billion until August 2017," he said in BI Jakarta, Friday (22/09/2017).

Furthermore, he said, foreign exchange reserves at the end of August 2017 reached US $ 128.8 billion. The amount is sufficient to finance 8.9 months of imports or 8.6 months of imports and servicing of official external debt.

Rupiah is stable and tends to appreciate. During August 2017, the average rupiah appreciated by 0.02 percent to Rp 13,343 per US dollar (US).

"The gains are influenced by the weakening of the US dollar and the inflow of foreign funds that led to a net supply condition in the forex market The US dollar weakness is affected by dovish statements from the Fed and the ECB, as well as concerns over US economic growth, while inflows of foreign funds are supported by the prospect of a positive yield, "he explained.

Meanwhile, national inflation is relatively under control even lower than previously thought. Inflation in August 2017 was 2.53 percent year to date (ytd) or 3.82 percent year on year (yoy).

"This development is the impact of improved supply, the influence of seasonal factors after Lebaran and school holidays and the positive contribution of various policies pursued by the government along with strong coordination with BI," he said.

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