The Flow Of Foreign Funds Out Of Capai IDR 5.13 Trillion On The First Week Of December 2024

Illustration of rupiah banknotes (ANTARA)

JAKARTA Bank Indonesia (BI) noted that there is a foreign capital outflow to domestic finance from December 2 to December 5, 2024, non-residents in the domestic financial market recorded net sales of IDR 5.13 trillion.

Executive Director of the Communication Department, Ramdan Denny Prakoso, said that foreign funds released came from Government Securities (SBN), Bank Indonesia Rupiah Securities (SRBI).

"It consists of buying net worth IDR 1.24 trillion in the stock market, selling net worth IDR 1.37 trillion in the SBN market, and selling net amounting to IDR 5.00 trillion in Bank Indonesia Rupiah Securities (SRBI)," he explained through an official statement, quoted on Sunday, December 8.

Selama tahun 2024, berdasarkan data setelmen sampai dengan 5 Desember 2024, nonresident tercatat beli neto sebesar Rp22,13 triliun di pasar saham, Rp32,33 triliun di pasar SBN dan Rp175,89 triliun di SRBI.

In the second semester of 2024, non-residents recorded net purchases of IDR 21.79 trillion in the stock market, IDR 66.29 trillion in the SBN market and IDR 45.54 trillion in SRBI.

In line with these developments, Ramdan said that the CDS Indonesia premium 5 years as of December 5, 2024 was 70.91 bps, down from November 29, 2024, of 74.01 bps.

Meanwhile, the 10 year SBN (State Securities) yield rate on Friday morning, December 6, 2024 rose at 6.90 percent. Meanwhile, at the close of Thursday, December 5, Yield SBN 10 years rose to 6.89 percent.

Meanwhile, the rupiah exchange rate on Friday morning, December 6, opened at the level (bid) of Rp. 15,825 per US dollar, while at the close of Thursday, December 5 it was Rp. 15,855 per US dollar. Meanwhile, the US dollar index weakened to the level of 105.71.

In addition, at the close of Thursday, December 5, Yield UST (US Treasury) 10 years rose to the level of 4.176 percent.

Ramdan conveyed 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 support Indonesia's external economic resilience.