The Flow Of Foreign Funds Out Of Capai IDR 7.50 Trillion On The Third Week Of November 2024

JAKARTA Bank Indonesia (BI) noted that there is a foreign capital outflow to domestic finance from November 18 to November 22, 2024, non-residents in the domestic financial market recorded net sales of IDR 7.50 trillion.

Executive Director of the Communication Department, Ramdan Denny Prakoso, said that foreign funds coming out came from the stock market, Government Securities (SBN), Bank Indonesia Rupiah Securities (SRBI).

"The net sale is IDR 3.30 trillion in the stock market, IDR 3.59 trillion in the SBN market, and IDR 0.61 trillion in the Bank Indonesia Rupiah Securities (SRBI)," he explained through an official statement, quoted on Sunday, November 24.

Selama tahun 2024, berdasarkan data setelmen sampai dengan 21 November 2024, nonresident tercatat beli neto sebesar Rp27,15 triliun di pasar saham, Rp33,17 triliun di pasar SBN dan Rp187,68 triliun di SRBI.

In the second semester of 2024, non-residents recorded a net purchase of IDR 26.81 trillion in the stock market, IDR 67.13 trillion in the SBN market and IDR 57.33 trillion in SRBI.

In line with these developments, Ramdan said that the CDS Indonesia premium 5 years as of November 21, 2024 was 72.65 bps, stable compared to November 15, 2024, amounting to 72.61 bps.

Meanwhile, the 10 year SBN (State Securities) yield rate on Friday morning, November 22, 2024 fell at 6.88 percent. Meanwhile, at the close of Thursday, November 21, Yield SBN 10 years rose to 6.90 percent.

Meanwhile, the rupiah exchange rate on Friday morning, November 22, opened at the level (bid) of Rp. 15,920 per US dollar, while at the close of Thursday, November 21 it was Rp. 15,920 per US dollar. Meanwhile, the US dollar index strengthened to the level of 106.97.

In addition, at the close of Thursday, November 22, the 10-year Yield UST (US Treasury) fell to a level of 4.422 percent.

Ramdan conveyed that based on 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 to support sustainable economic growth.