Indonesia sees more capital inflows after April rate hike, c.bank governor says

Indonesia's Central Bank Governor Perry Warjiyo. - Reuters

JAKARTA: Indonesian central bank governor Perry Warjiyo said on Wednesday more capital inflows had been seen since Bank Indonesia hiked interest rates last month in an effort to stabilise the rupiah, and he expected the trend would continue.

"Our decision to hike interest rate and also higher rates for rupiah securities have increased the market and investor confidence, therefore attracting more capital inflows into Indonesia," Warjiyo said.