Foreign Funds Out Of Capai Rp1.36 Trillion In A Week

Rupiah illustration (Photo: dock. Antara)

JAKARTA Bank Indonesia (BI) noted that there is a foreign capital outflow from domestic finance on March 25, 2024 to March 28, 2024, non-residents in the domestic financial market recorded a net sale of IDR 1.36 trillion.

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

"Buy net Rp0.97 trillion in the SBN market, sell net Rp1.59 trillion in the stock market, and sell net Rp0.74 trillion in the Bank Indonesia Rupiah Securities (SRBI)," he explained through an official statement, quoted Friday, March 29.

Selama tahun 2024, berdasarkan data setelmen sampai dengan 27 Maret 2024, nonresident jual neto Rp33,31 triliun di pasar SBN, beli neto Rp28,90 triliun di pasar saham, dan beli neto Rp20,05 triliun di SRBI.

In line with these developments, Erwin said that the CDS Indonesia premium 5 years as of March 27, 2024 was 71.39 bps, an increase compared to March 22, 2024, amounting to 70.90 bps.

Meanwhile, the yield rate of SBN 10 years on Thursday 28 March 2024 rose at 6.73 percent.

Meanwhile, the rupiah exchange rate on Thursday morning, March 28, 2024, opened at the level (bid) of Rp. 15,860 per US dollar, compared to the closing of Wednesday, March 27, amounting to Rp. 15,850 per US dollar. Meanwhile, the US dollar index weakened to the level of 104.35 at the end of trading.

In addition, at the close of Thursday, March 21, the 10-year Yield UST (US Treasury) fell to a level of 4.190 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.