Indonesia records Rp127.6 trillion inflow despite foreign stock selling
Foreign investors pulled Rp97 trillion from equities, while government securities and Bank Indonesia instruments attracted inflows.
Foreign capital inflows into Indonesia reached Rp127.6 trillion for the year to 11 November 2026, Finance Minister Suahasil Nazara said, even as the country's stock market recorded Rp97 trillion in outflows.
Speaking at the November APBN KiTa briefing on 13 November, Suahasil said government securities, known as SBN, attracted Rp43 trillion in foreign inflows over the year to date. Bank Indonesia rupiah securities, or SRBI, received Rp182.4 trillion.
Suahasil linked the withdrawal of foreign funds from equities to issues following a notification MSCI gave the Indonesian market on 16 October 2026. He said the government hoped those issues could be addressed so that stock-market outflows would ease.
The government attributed the positive overall inflows to yields on SBN and SRBI that it considered competitive. Suahasil said capital continued entering Indonesia despite interest-rate increases by several major central banks that encouraged funds to return to developed economies.
He put the year-to-date SBN yield at around 6.9 per cent, with an upward tendency. The rupiah stood at Rp18,154 per US dollar using Bank Indonesia's middle exchange rate on 12 November 2026, weaker than the year-to-date average or assumed rate of Rp17,529 per US dollar.
