Jakarta, The Indonesia Post – Bank Indonesia (BI) noted that there was a net foreign capital inflow of IDR 8.05 trillion from the Indonesian financial market in one week, namely from 2 January to 5 January 2023.
In an official statement in Jakarta, Friday, BI Communications Department Executive Director Erwin Haryono said there was a net foreign capital inflow into the state securities (SBN) market of IDR 9.74 trillion.
At the same time, there was a net foreign capital inflow of IDR 1.68 trillion to the domestic stock market.
During 2023, based on settlement data up to January 5, 2023, there was a net inflow of foreign capital (net inflow) to the SBN market of IDR 6.68 trillion.
On the other hand, a net outflow of foreign capital (nett outflow) from the domestic stock market was recorded at IDR 2.91 trillion.
The rupiah exchange rate opened slightly lower this morning, namely to IDR 15,620 per US dollar or weakened from IDR 15,605 as of Thursday (5/1).
Meanwhile, the US dollar index (DXY) weakened to a level of 105.04.
The DXY is an index that shows the movement of the US dollar against six other major currencies, namely the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
On the other hand, he revealed, the yield on Indonesia’s 10-year SBN rose to 6.99 percent on Friday morning from 6.98 percent on Thursday afternoon.
The yield is still far more attractive than the yield on the 10-year United States bonds which rose to a level of 3.718 percent.
Meanwhile, Indonesia’s five-year investment risk premium (Credit Default Swap/CDS) fell to 95.01 basis points (bps) as of January 5, 2023 from 101.23 bps as of December 30, 2022.
Erwin said that BI continues to strengthen coordination with the government and related authorities and optimize the policy mix strategy to maintain macroeconomic and financial system stability to support further economic recovery. (mhn/bbs)
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