Foreign Funds Enter Capai IDR 2.42 Trillion In A Week

Illustration Of Rupiah From Bank Indonesia

JAKARTA – Bank Indonesia (BI) noted that there was an incoming foreign capital flow or capital inflow from domestic finance from June 3 to June 6, 2024, non-residents in the domestic financial market recorded a net purchase of IDR 2.42 trillion. Assistant Governor of the Communication Department of Bank Indonesia Erwin Haryono said foreign funds came from the Bank Indonesia Rupiah Securities (SRBI). "Buy net IDR 4.53 trillion at Bank Indonesia Securities (SRBI), sell net IDR 0.66 trillion in the State Securities (SBN) market and sell net IDR 1.45 trillion in the stock market," he explained through an official statement, quoted on Sunday, May 19. Selama tahun 2024, berdasarkan data setelmen sampai dengan 6 Juni 2024 tercatat beli neto sebesar 52,94 triliun. Nonresident tercatat jual neto Rp36,02 triliun di pasar SBN, jual neto Rp8,01 triliun di pasar saham, dan beli neto Rp101,34 triliun di SRBI. In line with these developments, Erwin said that the Indonesian CDS Premium 5 years as of June 6, 2024 was 70.50 bps, down from May 31, 2024, of 71.18 bps. Meanwhile, the yield rate of SBN 10 years on Friday, June 7, 2024 fell at 6.92 percent. Meanwhile, at the close of Thursday, June 6, Yield SBN (State Securities) 10 years fell to 6.896 percent. Meanwhile, the rupiah exchange rate on Friday morning, June 7, 2024, was opened at the level (bid) of Rp. 16,230 per US dollar, while at the close of Thursday, June 6 it was Rp. 16,255 per US dollar. Meanwhile, the US dollar index weakened to the level of 104.10 at the end of trading. In addition, at the close of Thursday, June 6, the 10-year Yield UST (US Treasury) fell to a level of 4.287 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.