Wow! Only A Week, IDR 21.46 Trillion Foreign Capital Leaving From Indonesia!

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JAKARTA - At least Rp21.46 trillion of foreign capital flowed out of Indonesia's domestic financial market this week, originating from the state securities (SBN) market and the stock market.

Bank Indonesia (BI) in its official statement stated that the foreign capital inflows consisted of the SBN market of Rp. 10.87 trillion and from the stock market of Rp. 10.60 trillion.

"Thus, overall, a net foreign capital inflow of IDR 20.80 trillion was recorded in the SBN market and a net foreign capital inflow of IDR 28.30 trillion in the stock market from January 1 to March 9, 2022," said Chief Executive Director of the BI Communications Department, Erwin. Haryono, in his official statement, was in Jakarta, as reported by Antara, Friday, March 11.

Meanwhile, Indonesia's 5-year investment risk premium or credit default swap (CDS) fell to a level of 106.04 basis points (bps) as of March 10, 2022 from 114.91 bps as of March 4, 2022, in line with easing risk off sentiment on financial markets. global.

Erwin also said the exchange rate opened at the level (bid) of Rp. 14,270 per US dollar this morning, slightly higher from the level of Rp. 14,275 per US dollar at the close of trading on Thursday (10/3/2022). Meanwhile, the US dollar also strengthened to 98.51.

In addition, the yield or yield of Indonesian SBN with a tenor of 10 years was stable at the level of 6.72 percent.

Meanwhile, the yield is still quite far from the 10-year US bond yield which was recorded to have risen to the level of 1.986 percent.