During the period, capital outflows from the government bond market were recorded at Rp6.90 trillion, while capital inflows to the stock market were valued at Rp1.62 trillion, Executive Director and Chief of the BI’s Communication Department, Erwin Haryono, said in a written statement released in Jakarta on Friday.
Overall, in the year ended August 25, net capital outflows from the government bond market amounted to Rp124.42 trillion, while capital inflows to the stock market amounted to Rp64.57 trillion, BI said.
As per the central bank’s records, the rupiah's exchange rate rose 30 points, with the national currency closing at 14,790 against the dollar on Friday compared to 14,820 per dollar the previous day.
The US dollar index also strengthened to a level of 108.47.
Meanwhile, the yield on 10-year Indonesian government bonds remained stable at 7.03 percent, while the yield on 10-year US bonds rose to 3.026 percent.
Haryono said BI will keep strengthening coordination with the government and related authorities for optimizing the policy mix strategy to maintain macroeconomic and financial system stability to support economic recovery.
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Translator: Sanya Dinda S, Suharto
Editor: Sri Haryati
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