In A Week, Foreign Capital Of IDR 7.5 Trillion Leaves Indonesia

Rupiah and US Dollars (Photo: dock. Antara)

JAKARTA - Bank Indonesia (BI) noted that foreign capital flows came out clean in the domestic financial market to reach IDR 7.5 trillion during the transaction period from 18-21 November 2024.

Executive Director of the BI Communication Department Ramdan Denny Prakoso said that this value consisted of foreign capital flows out cleanly in the stock market of Rp3.30 trillion, the State Securities (SBN) market of Rp3.59 trillion, and the Rupiah Securities of Bank Indonesia (SRBI) of Rp0.61 trillion.

Quoting Anatra, thus, from January 1 to November 21, 2024, the total foreign capital was netized in the stock market of IDR 27.15 trillion, in the SBN market of IDR 33.17 trillion, and in SRBI IDR 187.68 trillion.

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.

Ramdan said the premium investment risk or premium credit default swaps (CDS) Indonesia 5 years as of November 21, 2024 was 72.65 basis points (bps), stable with November 15, 2024, amounting to 72.61 bps.

The rupiah in early trading Friday (22/11) opened at the level of IDR 15,920 per US dollar, the same as the closing of trading Thursday (21/11). The US dollar index strengthened to 106.97 at the end of trading Thursday (21/11).

The yield or yield of the 10-year SBN Indonesia tenor fell to 6.88 percent. Meanwhile, the yield of US bonds aka the 10-year US Treasury Note tenor fell to a level of 4.422 percent.

Bank Indonesia continues to strengthen coordination with the government and relevant authorities and optimize policy mix strategies to support Indonesia's external economic resilience.