Foreign Capital Inflow of USD 9 Billion, Positive Signal at June 2026

RRI.CO.ID, Jakarta – Foreign capital inflows into Indonesia’s financial markets continued to strengthen throughout the first half of 2026, with Bank Indonesia (BI) noting that the surge occurred primarily in June.

BI Senior Deputy Governor Destry Damayanti said the increase was driven by adjustments to the policy rate (BI Rate), which boosted the appeal of domestic financial instruments amid global economic uncertainty.

“Year‑to‑date (ytd) from January through the end of June -- specifically June 26 -- inflows into the BI Rupiah Securities (SRBI) and Government Securities (SBN) portfolios have reached approximately USD 9 billion,” Destry said during a joint press conference with House of Representatives officials and the government in Jakarta on Monday, June 29, as quoted by Antara.

She explained that the 100‑basis‑point (bps) increase in the BI Rate to 5.75 percent during May–June 2026 triggered a repricing of SRBI and SBN. The policy was implemented as a short‑term measure to stabilize the rupiah exchange rate while strengthening investor confidence.

“Confidence from offshore markets will also be reflected in the confidence of domestic markets,” Destry added.

BI also expanded liquidity through monetary operations to approximately IDR 1 quadrillion (approximately USD 55.92 billion) by the end of June, up from about IDR 600 trillion at the end of May, to maintain stability in the money and foreign exchange markets.

In addition, BI maintained the SRBI interest rate structure for 6‑, 9‑, and 12‑month tenors in line with the BI Rate increase. This strategy aims to sustain the attractiveness of foreign portfolio investment while supporting the rupiah's strengthening.

BI data shows that the outstanding SRBI as of June 15, 2026, reached IDR 1,021.13 trillion. The share held by non‑resident investors rose to IDR 238.09 trillion, equivalent to 23.32 percent of the total outstanding.

In the primary market, based on the SRBI auction on June 26, the weighted average accepted rate (WAAR) stood at 7.36 percent for the 6‑month tenor, 7.54 percent for the 9‑month tenor, and 7.70 percent for the 12‑month tenor.

Meanwhile, in the secondary market, the weighted average interest rate (RRT) for SRBI as of June 26, 2026, stood at 7.26 percent for the 3‑month tenor, 7.36 percent for the 6‑month tenor, and 7.69 percent for the 12‑month tenor. ***