BI rate hikes draw foreign inflows, support rupiah
Jakarta, May 20 -- Bank Indonesia Governor Perry Warjiyo said higher yields on central bank rupiah securities helped reverse capital outflows, attracting foreign inflows and supporting the rupiah amid global market volatility.
Bank Indonesia data showed yields on six-, nine-, and 12-month BI Rupiah Securities (SRBI) rose to 6.21 percent, 6.31 percent, and 6.45 percent, respectively, as of May 13, 2026.
"The SRBI rate hikes successfully encouraged portfolio inflows after large outflows in the first quarter," Warjiyo told reporters after the central bank's policy meeting in Jakarta on Wednesday.
The central bank recorded net capital outflows of US$0.8 billion in the first quarter of 2026, driven by global uncertainty linked to Middle Eas...
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