Foreign Capital Enters Clean IDR 1.08 Trillion This Week

Illustration of the rupiah (Photo: Antara)

JAKARTA - Bank Indonesia (BI) noted that foreign capital flows entered the domestic financial market amounting to IDR 1.08 trillion during this week, namely the period from December 30, 2024 to January 2, 2025.

Executive Director of the BI Communication Department, Ramdan Denny Prakoso, in Jakarta, Friday, detailed that the value came from foreign capital netized in the stock market and the State Securities (SBN) market of IDR 0.32 trillion and IDR 1.94 trillion, respectively.

However, there is foreign capital issued cleanly at the Bank Indonesia Securities (SRBI) amounting to Rp1.17 trillion, thus making foreign capital net only Rp1.08 trillion.

Quoting Antara, overall, from early 2024 to 31 December 2024, foreign capital was recorded to have netized in the stock market amounting to Rp15.74 trillion, in the SBN market Rp34.59 trillion, and in SRBI Rp161.99 trillion.

Selama tahun 2025, sejak awal 1 Januari hingga 2 Januari 2025, modal asing masuk bersih di pasar saham tercatat sebesar Rp0,56 triliun. Namun, terdapat modal asing keluar bersih di pasar SBN dan SRBI masing-masing sebesar Rp0,20 triliun dan Rp0,28 triliun.

Indonesia's 5-year investment risk premium (CDS) was recorded to have increased from 75.51 basis points (bps) as of December 27, 2024 to 78.00 bps as of January 2, 2025.

The rupiah exchange rate opened lower at the level of Rp. 16,200 per US dollar (US) on Friday (3/2), compared to the position at the close of trading on Thursday (2/1) at the level of Rp. 16,190 per US dollar.

While the US dollar index (DXY) was recorded to have strengthened to the level of 109.39 at the end of trading Thursday (2/1). DXY is an index that shows the movement of the US dollar against six major state currencies including euro, Japanese yen, English pound, Canadian dollar, Swedish krona, and Swiss francs.

The yield or yield of the 10-year SBN fell to a level of 6.95 percent on Friday (3/1) morning, from the previous 6.97 percent at the end of trading Thursday (2/1).

On the other hand, the US Treasury Note tenor of 10 years has decreased to a level of 4.559 percent at the end of trading Thursday (2/1).

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