{"id":9393,"date":"2023-04-10T00:00:00","date_gmt":"2023-04-09T17:00:00","guid":{"rendered":"http:\/\/mandiri.test\/uncategorized-id\/money-market-commentary-march-2023\/"},"modified":"2026-01-19T16:36:25","modified_gmt":"2026-01-19T09:36:25","slug":"money-market-commentary-march-2023","status":"publish","type":"post","link":"https:\/\/mandiri-invest.azdevs.my.id\/en\/market-update\/money-market-commentary-march-2023\/","title":{"rendered":"Money Market Commentary : March 2023"},"content":{"rendered":"<h2 id=\"strong-currency\">Strong Currency<\/h2>\n<p>Bank Indonesia kept the benchmark rate at 5.75% in March 2023 despite the Fed raising further the Fed rate to 5,00%. Although the spread between those two benchmark rates left only 75 bps, BI is confident to keep the exchange rate stable and inflation under control. The exchange rate of the Rupiah has strengthened to below Rp 15,000 per USD at the end of March 2023 following a weaker dollar index (DXY) as the global market sees the peak of the US benchmark rate almost achieved. Meanwhile, domestic inflation in March 2023 fell to 4.97% or below 5% for the first time since the fuel price hike in September 2022. Having said that, we haven\u2019t seen higher deposit rates offered by banks. However, we think banks will offer higher deposit rates in April 2023 as the festive season is coming. We also see the BI monetary policy is almost reaching its peak and money market bond yield should be declining which benefit money market funds.<\/p>\n<h2><\/h2>\n<h2 id=\"rekomendasi-produk\">Rekomendasi Produk<\/h2>\n<table class=\"table table-striped table-bordered\">\n<thead>\n<tr>\n<th colspan=\"2\">PRODUK<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/article.moinves.co.id\/mandiri-investa-pasar-uang-mandiri-investasi\/?utm_source=market-commentary\">MIPU<\/a><\/td>\n<td>Reksa Dana MIPU berinvestasi pada Instrumen Pasar Uang dengan segmen Jangka Pendek dan dikategorikan berisiko Rendah.<br \/>\nInvestor memiliki risiko atas Portofolio Pasar Uang tersebut.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/article.moinves.co.id\/mandiri-investa-pasar-uang-mandiri-investasi\/?utm_source=market-commentary\">MPUS<\/a><\/td>\n<td>Reksa Dana MPUS berinvestasi pada Instrumen Pasar Uang Syariah dengan segmen Jangka Pendek dan dikategorikan berisiko Rendah.<br \/>\nInvestor memiliki risiko atas Portofolio Pasar Uang Syariah tersebut.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3><\/h3>\n<h3 id=\"info-lebih-lanjut\">Info Lebih Lanjut<\/h3>\n<p>Hubungi Mandiri Investasi &#8211;\u00a0<a href=\"tel:0215263505\">(021) 526 3505<\/a><br \/>\nWhatsapp Mandiri Investasi &#8211; 0816 86 0003<br \/>\nEmail Mandiri Investasi &#8211; cs@mandiri-investasi.co.id<br \/>\nMandiri Investasi &#8211;\u00a0<a href=\"https:\/\/www.mandiri-investasi.co.id\/\">www.mandiri-investasi.co.id<\/a><br \/>\nMoinves &#8211;\u00a0<a href=\"https:\/\/moinves.co.id\/\">www.moinves.co.id<\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><em>DISCLAIMER<\/em><br \/>\n<em><br \/>\nPendapat yang diungkapkan dalam artikel adalah untuk tujuan informasi umum saja dan tidak dimaksudkan untuk memberikan saran atau rekomendasi khusus untuk individu atau produk keamanan atau investasi tertentu. Ini hanya dimaksudkan untuk memberikan edukasi tentang industri keuangan. Pandangan yang tercermin dalam konten dapat berubah sewaktu-waktu tanpa pemberitahuan. Seluruh data kinerja dan return investasi yang tertera di artikel ini tidak dapat digunakan sebagai dasar jaminan perhitungan untuk membeli atau menjual suatu efek. Data tersebut merupakan catatan kinerja berdasarkan data historis dan bukan merupakan jaminan atas kinerja suatu efek di masa mendatang. Investasi melalui reksa dana mengandung risiko. Investor wajib membaca dan memahami prospektus sebelum memutuskan untuk berinvestasi melalui reksa dana.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank Indonesia kept the benchmark rate at 5.75% in March 2023 despite the Fed raising further the Fed rate to 5,00%.<\/p>\n","protected":false},"author":2,"featured_media":6825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[368,382],"tags":[365],"class_list":["post-9393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-english"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Money Market Commentary : March 2023 - Mandiri Investasi<\/title>\n<meta name=\"description\" content=\"Bank Indonesia kept the benchmark rate at 5.75% in March 2023 despite the Fed raising further the Fed rate to 5,00%.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Money Market Commentary : March 2023 - 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