Jakarta (ANTARA) - A net capital outflow of Rp1.64 trillion was recorded in the Indonesian financial market from September 5 to 8, 2022, Bank Indonesia (BI) has informed.

Capital outflows from the government bond market were recorded at Rp5.37 trillion, while capital inflows to the stock market were valued at Rp3.74 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 September 8, net capital outflows from the government bond market amounted to Rp143.14 trillion, while capital inflows to the stock market reached Rp69.4 trillion, the central bank informed.

The country's five-year credit default swap (CDS) fell to 108.01 basis points (bps) on September 8 from 117.4 bps on September 2, it added.

As per the central bank’s records, the rupiah's exchange rate strengthened to 14,860 in Friday's first trading session compared to 14,895 per dollar the previous day.

Meanwhile, the US dollar index (DXY) weakened to a level of 109.71.

Further, the yield on 10-year Indonesian government bonds (SBN) fell to 7.14 percent from 7.16 percent.

Overall, the yield on 10-year SBNs was still far higher than the yield on 10-year US bonds, which was recorded at 3.317 percent.

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Translator: Agatha Olivia V, Suharto
Editor: Rahmad Nasution
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