Foreign Capital FlowIllustration: Foreign capital flow

Foreign Capital FlowIllustration: Foreign capital flow

Jakarta – Bank Indonesia (BI) noted that in the first week of August 2024, foreign capital inflow or capital inflow to Indonesia amounted to IDR 10.27 trillion.

Based on transaction data compiled by BI for the period July 26 to August 1, 2024, non-residents in the domestic financial market recorded a net purchase of IDR 10.27 trillion.

Foreign capital flows in the first week of August 2024, recorded foreign capital inflows in the SBN, SRBI and stock markets.

“Consisting of net purchases of IDR5.77 trillion in the SBN market, net purchases in SRBI of IDR2.19 trillion, and net purchases of IDR2.31 trillion in stocks,” BI Assistant Governor Erwin Haryono was quoted as saying on August 5, 2024.

Meanwhile, Indonesia’s 5-year investment risk premium or credit default swaps (CDS) premium rose to a level of 75.81 bps as of August 1, 2024, with 72.95 bps as of July 26, 2024.

Thus during 2024, based on settlement data up to August 1, 2024, there was a net sell of IDR28.04 trillion in the SBN market, a net sell of IDR2.20 trillion in the stock market and a net buy of IDR173.32 trillion in SRBI.

In addition, BI also reported exchange rate developments from July 29 to August 2, 2024. Noted, the exchange rate as of Thursday (1/8), the rupiah closed at the level (bid) of IDR 16,230 per US dollar, and opened at the level (bid) of IDR 16,235 per US dollar on Friday (2/8).

Then, the 10-year Government Securities (SBN) yield fell to 6.87 percent on Thursday (1/8) and fell to 6.79 percent on Friday (2/8).

Meanwhile, the dollar index (DXY) strengthened to 104.42 and the 10-year UST (US Treasury) yield fell to 3.978 percent. (*)

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