Foreign Funds Only Enter Capai Rp0.69 Trillion From The Stock Market And SRBI

JAKARTA Bank Indonesia (BI) noted that there was an incoming foreign capital or capital inflow into domestic finance from July 15 to July 18, 2024, non-residents in the domestic financial market were recorded to have bought a net of IDR 0.69 trillion.

Assistant Governor of the Communication Department of Bank Indonesia Erwin Haryono said that foreign funds entering came from the stock market and the Rupiah Securities of Bank Indonesia (SRBI).

"Buy net Rp0.67 trillion in shares and buy net Rp0.40 trillion in SRBI, and sell net Rp0.38 trillion in SBN," he explained through an official statement, quoted on Sunday, July 20.

Selama tahun 2024, berdasarkan data setelmen sampai dengan 18 Juli 2024, nonresident tercatat jual neto Rp31,10 triliun di pasar SBN, jual neto Rp2,98 triliun di pasar saham, dan beli neto Rp162.15 triliun di SRBI.

In line with these developments, Erwin said that the Indonesian CDS Premium 5 years as of July 18, 2024 was 74.04 bps, an increase compared to July 12, 2024, amounting to 69.58 bps.

Meanwhile, the yield rate of SBN (State Securities) 10 years on Friday, July 19, 2024 was stable at 6.92 percent. Meanwhile, at the close of Thursday, July 18, Yield SBN 10 years fell to 6.92 percent.

Meanwhile, the rupiah exchange rate on Friday morning July 19, 2024 was opened at the level (bid) of Rp. 16,180 per US dollar, while at the close of Thursday, July 18, it was Rp. 16,150 per US dollar. Meanwhile, the US dollar index strengthened to the level of 104.17.

In addition, at the close of Thursday, July 18, Yield UST (US Treasury) 10 years rose to the level of 4.202 percent.

Erwin said that based on the conventional development of Bank Indonesia, it 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 sustainable economic growth.