Bank Indonesia (BI) noted that net foreign capital inflows in the domestic financial market reached IDR8.34 trillion in the period 1-4 July 2024. This value came from net foreign capital inflows in the stock market of IDR2.08 trillion and Bank Indonesia Rupiah Securities (SRBI) of IDR8.15 trillion.
Head of BI Communication Department Erwin Haryono said that in Jakarta, Friday (5/7). Meanwhile, foreign capital outflows in the Government Securities (SBN) market reached Rp1.89 trillion.
With these developments, since early 2024 until July 4, 2024, the net foreign capital outflow in the SBN market reached IDR32.58 trillion and in the stock market IDR9.06 trillion. Meanwhile, the net foreign capital inflow in SRBI was IDR139.79 trillion.
In addition, Erwin said that Indonesia’s 5-year investment risk premium or credit default swaps (CDS) premium as of July 4, 2024 was 73.58 basis points (bps), down compared to June 28, 2024, which was 77.05 bps.
The yield on 10-year Indonesian government bonds fell to 7.06%. The yield on 10-year US Treasury Notes also fell to 4.359%.
Rupiah at the beginning of trading on Friday (5/7) opened at 16,315 per US dollar. This is stronger compared to the closing of trading on Thursday (4/7) which was Rp16,325 per US dollar. The US dollar index weakened to 105.13 at the end of trading on Thursday (4/7).
Bank Indonesia continues to strengthen coordination with the government and related authorities and optimize the policy mix strategy to support the external resilience of the Indonesian economy. (Ant/Z-2)
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