Net Foreign Capital Inflows in Indonesia Reach IDR690 Billion – 2024-07-24 19:31:04

Executive Director of the Communication Department of Bank Indonesia (BI) Erwin Haryono.(Antara)

Bank Indonesia (BI) said that net foreign capital inflows into the domestic financial market reached IDR690 billion in the period 15-18 July 2024.

Head of the BI Communication Department Erwin Haryono said in Jakarta on Saturday that the value consisted of net foreign capital inflows into the stock market of IDR670 billion and Bank Indonesia Rupiah Securities (SRBI) of IDR400 billion, while net foreign capital outflows into the Government Securities (SBN) market of IDR380 billion.

With these developments, from the beginning of 2024 to July 18, 2024, the net foreign capital outflow in the SBN market reached IDR 31.10 trillion and in the stock market IDR 2.98 trillion, while the net foreign capital inflow in the SRBI was IDR 162.15 trillion.

Erwin further explained the investment risk premium or premium credit default swaps (CDS) Indonesia 5 years as of July 18, 2024 amounted to 74.04 basis points (bps), up compared to July 12, 2024 amounting to 69.58 bps.

Meanwhile, the yield or yield The 10-year Indonesian SBN was stable at 6.92%, and the yield on the 10-year US Treasury Note also rose to 4.202%.

Rupiah at the beginning of trading on Friday (19/7) opened at Rp16,180 per US dollar, weakening compared to the closing of trading on Thursday (18/7) which was Rp16,150 per US dollar. The US dollar index strengthened to 104.17 at the end of trading on Thursday (18/7).

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. (N-2)

#Net #Foreign #Capital #Inflows #Indonesia #Reach #IDR690 #Billion

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.