Suara.com – Bank Indonesia (BI) recorded that net foreign capital leaving the domestic financial market reached IDR 3.01 trillion during 5-6 February 2024.
Erwin Haryono, as Head of the BI Communications Department, said that this amount consisted of foreign capital that came out net in the Government Securities (SBN) market amounting to IDR 2.79 trillion and in Bank Indonesia Rupiah Securities (SRBI) IDR 0.49 trillion. Even so, there was net foreign capital entering the stock market amounting to IDR 0.27 trillion.
With this event, from the beginning of January to 7 February 2024, the total net inflow of foreign capital in the SBN market reached IDR 0.25 trillion, in the stock market IDR 11.64 trillion, and in SRBI IDR 31.52 trillion.
Furthermore, the Indonesian 5-year investment risk premium or credit default swaps (CDS) premium as of February 6 2024 was 73.25 basis points (bps), an increase compared to February 2 2024 which was 72.26 bps.
At the start of trading today, the Rupiah opened stronger to a level of Rp. 15,715 per US dollar compared to the previous day which was Rp. 15,725. Meanwhile, the US dollar index strengthened to 104.21 at the end of trading Tuesday (6/2).
Erwin added that the 10-year tenor Indonesian SBN yield fell to 6.59 percent. Meanwhile, the yield on US debt securities, aka US Treasury Notes with a tenor of 10 years, rose to 4.100 percent.
Bank Indonesia, quoted from Antara, continues to strengthen coordination with the government and related authorities and optimize policy mix strategies to maintain macroeconomic and financial system stability to support sustainable economic growth.