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Indonesia's balance of payments in the second quarter of 2019 showed maintained external resilience, with a current account deficit of USD8.4 billion and a capital and financial account surplus of USD7.1 billion. The current account deficit increased due to seasonal repatriation of dividends and debt payments, as well as weaker global economic conditions. Meanwhile, the capital and financial account surplus was supported by inflows of direct investment and portfolio investment, although it narrowed from the previous quarter. Overall, Indonesia's external position remained solid in the first half of 2019 due to manageable current account deficits coupled with significant financial surpluses.
Indonesia's balance of payments in the second quarter of 2019 showed maintained external resilience, with a current account deficit of USD8.4 billion and a capital and financial account surp…