BI Reveals Foreign Capital Flow Entering A Net Capai Of IDR 690M At Domestic Market

JAKARTA - Bank Indonesia (BI) said that foreign capital flows entered the domestic financial market in the period 15-18 July. The net entry figure was reported to have reached Rp690 billion. Launching ANTARA, on Saturday 20 July, Head of the BI Communications Department Erwin Haryono said that in Jakarta, the value consisted of foreign capital netized in the stock market of Rp670 billion and Rupiah Securities of Bank Indonesia (SRBI) of Rp400 billion, while foreign capital came out clean in the Government Securities Market (SBN) of Rp380 billion. With this development, from early 2024 to 18 July 2024, foreign capital flows netized in the SBN market reached Rp31.10 trillion and in the stock market of Rp2.98 trillion, while foreign capital netized in SRBI was Rp162.15 trillion. Furthermore, Erwin said that Indonesia's investment risk premium or premium default swaps (CDS) 5 years as of 18 July 2024 was 74.04 basis points (bps), up compared to 12 July 2024 of 69.58 bps.

Meanwhile, the yield or yield of the Indonesian SBN tenor of 10 years is stable to 6.92 percent, and the yield of US bonds aka the 10-year US Treasury Note tenor also rose to a level of 4.202 percent. Rupiah at the beginning of trading Friday (19/7) opened at the level of Rp. 16,180 per US dollar, weakening compared to the closing of trading Thursday (18/7) which amounted to Rp. 16,150 per US dollar. The US dollar index strengthened to the level of 104.17 at the end of trading Thursday (18/7). Bank Indonesia continues to strengthen coordination with the government and relevant authorities and optimizes the policy mix strategy to support Indonesia's external economic resilience.