Bank Indonesia Records Rp 7.10 Trillion of Capital Influx from Foreign Companies
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14 July 2023 23:56 WIB
TEMPO.CO, Jakarta - Bank Indonesia (BI) has recorded a capital inflow of Rp 7.10 trillion in the second week of July 2023, indicating foreign capital entering Indonesia.
Based on transaction data compiled by Bank Indonesia (BI) from July 10 to July 13, 2023, non-residents in the domestic financial market made a net purchase of Rp 7.10 trillion.
"This consists of a net purchase of Rp 6.54 trillion in the government bond market (SBN) and a net purchase of Rp 0.56 trillion in the stock market," said Erwin Haryono, Head of the Communications Department of BI, as quoted from the official statement on Friday, July 14, 2023.
This means that there was a foreign capital inflow of Rp 6.54 trillion into the Indonesian government bond market and Rp 0.56 trillion into the Indonesian stock market in one week.
Meanwhile, the 5-year credit default swaps (CDS) risk premium for Indonesia decreased from 88.11 basis points as of July 7, 2023, to 80.26 basis points as of July 13, 2023.
Therefore, as of July 13, 2023, based on settlement data, non-residents recorded a net purchase of Rp 81.21 trillion in the government bond market and a net purchase of Rp 14.59 trillion in the stock market during 2023.
In addition, BI also reported that the exchange rate of the Indonesian rupiah at the opening of trading on Friday, July 14, strengthened to Rp 14,950 per US dollar from the previous Rp 14,965 per US dollar at the close of trading on Thursday, July 13.
Furthermore, the yield of 10-year government bonds (SBN) decreased from 6.16 percent on Thursday to 6.13 percent on Friday, July 14.
ANTARA
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