BI records foreign capital flows to Indonesia reaching IDR 4.1 trillion

by time news

2023-12-09 12:18:07

BANK Indonesia (BI) said the net inflow of foreign capital into the financial market in the country reached IDR 4.10 trillion during the period 4 December to 7 December 2023. “This value consists of net foreign capital entering the Government Securities (SBN) market of IDR 1, “14 trillion and in Bank Indonesia Rupiah Securities (SRBI) IDR 3.81 trillion. Meanwhile, net outflow of foreign capital in the stock market was recorded at IDR 0.84 trillion,” said Executive Director of the BI Communications Department Erwin Haryono, in a statement received, Friday (8 /12). From January 1 to December 7 2023, net foreign capital entered the SBN market amounting to IDR 76.14 trillion and IDR 40.44 trillion in SRBI. Meanwhile, the net exit of foreign capital from the stock market amounted to IDR 15.29 trillion. Also read: IDR 5.3 Trillion of Foreign Capital Entering Indonesia in Early August He further said that the investment risk premium or 5-year Indonesian credit default swaps (CDS) premium as of December 7 2023 was 74.46 basis points (bps), an increase compared to December 1, 2023 which was recorded at 72.93 bps. The rupiah exchange rate also strengthened to IDR 15,490 per US dollar at the start of trading on Friday (8/12), compared to the position at the close of trading on Thursday (7/12) of IDR 15,510 per US dollar. Meanwhile, the US dollar index strengthened to 103.54 at the end of trading Thursday (7/12). Also read: Foreign capital flows of IDR 700 billion entering Indonesia on the fourth week of July. The 10-year tenor Indonesian SBN yield was stable at 6.57 percent. Meanwhile, the yield on 10-year US Treasury Notes fell to 4.15 percent. “BI continues to strengthen coordination with the government and related authorities and optimize policy mix strategies to maintain macroeconomic and financial system stability to support further economic recovery,” said Erwin. (Z-10)

BANK Indonesia (BI) said the net inflow of foreign capital into the financial market in the country reached IDR 4.10 trillion during the period 4 December to 7 December 2023.

“This value consists of net foreign capital entering the Government Securities (SBN) market of IDR 1.14 trillion and IDR 3.81 trillion in Bank Indonesia Rupiah Securities (SRBI). Meanwhile, net foreign capital leaving the stock market was recorded at IDR 0.84 trillion. ,” said Executive Director of the BI Communications Department Erwin Haryono, in a statement received, Friday (8/12).

From January 1 to December 7 2023, net foreign capital entered the SBN market amounting to IDR 76.14 trillion and IDR 40.44 trillion in SRBI. Meanwhile, the net exit of foreign capital from the stock market amounted to IDR 15.29 trillion.

Also read: IDR 5.3 Trillion of Foreign Capital Entered Indonesia in Early August

He further said that the Indonesian 5-year investment risk premium or credit default swaps (CDS) premium as of December 7 2023 was 74.46 basis points (bps), an increase compared to December 1 2023 which was recorded at 72.93 bps.

The rupiah exchange rate also strengthened to IDR 15,490 per US dollar at the start of trading on Friday (8/12), compared to the position at the close of trading on Thursday (7/12) of IDR 15,510 per US dollar. Meanwhile, the US dollar index strengthened to 103.54 at the end of trading Thursday (7/12).

Also read: Foreign capital flows of IDR 700 billion entering Indonesia on the fourth week of July

The 10-year tenor Indonesian SBN yield was stable at 6.57 percent. Meanwhile, the yield on 10-year US Treasury Notes fell to 4.15 percent.

“BI continues to strengthen coordination with the government and related authorities and optimize policy mix strategies to maintain macroeconomic and financial system stability to support further economic recovery,” said Erwin. (Z-10)

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