Brexit Sentiment will Impose Temporal Effect on Indonesia Stock Index

The tempest of brexit issue of which UK plan to exit from EU will signal the impact on world economy. After the win of majority votes more than 505 to day, UK is clearly on its new chapter to leave the UK. According to Conservative party of UK who propose the resignation of the country from EU, the decision is in need since in general terms EU basically gives no advantages to UK. Though the currency used is still pound sterling, the general commitment of EU countries bringing bad impact on UK. Conservatives pointed out to day on the rule of free visa for EU country members thus the workers of EU countries can easily enter the country which is fundamentally ruining the economy system of the UK. 

The ultimate decision to get out of EU results on the call of prime minister David Cameron to leave. This imposes the big impact on the global economy fluctuation. However the brexit sentiment in indonesia will not affect for long. According to some analysts though this has been placing the anxiety for global economy, this will just be temporary in the country. 

The main reason is basically the stability of rupiahs for months. beside, the country has still sufficient foreign exchange reserves and the inflation rate that is still under control around more or less 4 percent. According to IDEX director, though brexit causes unrest, this won't last longer. This is ordinary phenomenon due to certain policy of powerful countries like europe. 

Meanwhile, Vice President of Research and Analysis Valbury Asia Securities, Nico Omer Jonckheere suggests that investors are expected to remain aware of the results of the referendum if it is not in accordance with market expectations. In the poll, the number of English supporters in the EU survive superior sound propose out. "The referendum on Britain's future in the EU trading group will be a driving factor in the market where investors await the outcome anxiously hoping," he said.

Separately, Finance Minister, Bambang Brodjonegoro declared global sentiment over the issue "Brexit" gone downhill. "Brexit global sentiment has decreased, decreased anxiety. For Indonesia also I see it already subsided. Therefore, it is actually only the financial turmoil alone, transient was that 'Brexit' happened, "he said.

Finance Minister assess the issue of "Brexit" more to the psychological problems of the UK only. "Over to psychological problems. Europe without Britain was odd, does not reflect the actual euro. While Britain does not use the euro as their expiry pounds, "said Bambang.