The Second Week Of 2024, Bank Indonesia Reveals Foreign Capital Out Of IDR 1.61 Trillion
JAKARTA Bank Indonesia (BI) recorded foreign capital inflows that came out or capital outflows from domestic finance on January 8-11, 2024 amounting to Rp1.61 trillion.
Head of the Communication Department of Bank Indonesia Erwin Haryono explained that the figure consists of foreign capital, both in the state securities market (SBN), the stock market, and the Rupiah Securities of Bank Indonesia (SRBI).
"Non-residents in the domestic financial market consist of net sales of IDR 3.21 trillion in the SBN market, buy net IDR 2.08 trillion in the stock market, and sell net IDR 0.48 trillion in the Bank Indonesia Rupiah Securities (SRBI)," he explained through an official statement, quoted on Sunday, January 14.
As for the second week of 2024, or until January 11, 2024, BI recorded foreign capital for non-residents to buy net Rp3.11 trillion in the SBN market, buy net Rp5.96 trillion in the stock market, and buy net Rp7.22 trillion in SRBI.
In line with these developments, Erwin said that the premium investment risk or premium credit default swaps (CDS) in Indonesia 5 years as of January 11, 2024 was recorded at 72.48 bps, down compared to January 4, 2024, amounting to 74.98 bps.
The yield rate of SBN 10 years on Friday morning 12 January 2024 fell to 6.62 percent, from 6.70 percent on Thursday 11 January.
Meanwhile, the rupiah exchange rate on Friday morning, January 12, 2024, opened at the level (bid) of Rp. 15,550 per US dollar, compared to the close of Thursday, January 11, amounting to Rp. 15,545 per US dollar. At that time, the US dollar index strengthened to the level of 102.29 at the end of trading.
SEE ALSO:
In addition, at the close of Thursday, January 11, Yield UST (US Treasury) 10 years rose to the level of 3.966 percent.
Erwin said that based on the latest developments in global and domestic economic conditions, Bank Indonesia continues to strengthen coordination with the Government and relevant authorities and optimize policy mix strategies to maintain macroeconomic and financial system stability in order to support further economic recovery.