World Economy

Indonesia Can Withstand Brexit Impact

Indonesia Can Withstand  Brexit ImpactIndonesia Can Withstand  Brexit Impact

The central bank of Indonesia said Indonesia’s economy has a good resistance believed to be able to protect the country’s economy against the impact of the results of the Brexit referendum, Yahoo reported. “Macroeconomic stability is maintained and this is reflected in low inflation, current account deficit under control, and the exchange rate that is relatively stable,” said Executive Director of the Department of Communications of the Bank Indonesia Tirta Segara in a statement on Sunday. Tirta added that BI considers that Brexit impact will have a relatively limited impact on the domestic economy, both in the financial markets as well as trade and investment activities.