BI Reveals The Flow Of Foreign Funds Out Of Capai Rp9.73 Trillion On The Fourth Week Of September 2024

Illustration of Rupiah from Bank Indonesia. (Dok BI)

JAKARTA - Bank Indonesia (BI) noted that there was a foreign capital outflow to domestic finance from September 23 to September 26, 2024, non-residents in the domestic financial market recorded net sales of IDR 9.73 trillion.

Assistant Governor of the Communication Department of Bank Indonesia Erwin Haryono said foreign funds released came from the Government Securities (SBN) market, shares and the Rupiah Securities of Bank Indonesia (SRBI).

"Consisting of net sales of Rp2.88 trillion in the stock market, Rp1.30 trillion in the SBN market, and Rp5.55 trillion in the Rupiah Securities of Bank Indonesia (SRBI)," he said in an official statement, Friday, September 27.

Selama tahun 2024, berdasarkan data setelmen sampai dengan 26 September 2024, nonresident tercatat beli neto sebesar Rp57,13 triliun di pasar saham, Rp31,07 triliun di pasar SBN dan Rp193,60 triliun di SRBI.

Based on data from the standings as of September 26, 2024 in the second semester of 2024, non-residents recorded a net purchase of IDR 56.79 trillion in the stock market, IDR 65.03 trillion in the SBN market and IDR 63.25 trillion in SRBI.

In line with these developments, Erwin said that the CDS Indonesia premium 5 years as of September 26, 2024 was 67.36 bps, an increase compared to 20 September 2024 of 67.28 bps.

Meanwhile, the 10 year SBN (State Securities) yield rate on Friday, September 27, 2024 rose at 6.47 percent. Meanwhile, at the close of Thursday, September 26, Yield SBN 10 years fell to 6.44 percent.

Meanwhile, the rupiah exchange rate on Friday morning, September 27, 2024, was opened at the level (bid) of Rp. 15,070 per US dollar, while at the close of Thursday, September 26, it was Rp. 15,160 per US dollar. Meanwhile, the US dollar index strengthened to the level of 100.56.

In addition, at the close of Thursday, September 26, Yield UST (US Treasury) 10 years fell to the level of 3.796 percent.

Erwin said 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.