​​​​​No.25/136​/DKom 

Based on the latest global and domestic economic conditions, Bank Indonesia publishes rupiah stability indicators as follows:

Exchange Rate Developments 15-19^th May 2023

End of Wednesday, 17^th May 2023

1. The rupiah closed at a (bid) level of Rp14,860 per US dollar.
2. Benchmark 10-year SBN yield decreased to 6.36%.
3. DXY[1] strengthened to a level of 103.58.
4. 10-year US Treasury (UST) Note[2] yield increased to a level of 3.646%.

Friday Morning, 19^th May 2023

1. The rupiah opened at a (bid) level of Rp14,890 per US dollar.
2. Benchmark 10-year SBN yield increased to 6.40%.

Foreign Capital Flows (Third Week of May 2023)

1. Indonesia 5-year credit default swap (CDS) premium decreased to 91.14bps on 17^th May 2023 from 94.41bps on 12^th May 2023.
2. Based on transaction data from 15-17^th May 2023, non-resident investors booked a net buy totalling Rp8.33 trillion in the domestic financial markets, comprising a net buy in the SBN market of Rp8.47 trillion and a net sell in the stock market of Rp0.14 trillion.
3. In 2023, based on settlement data as of 17^th May 2023, non-resident investors have booked a net buy of Rp60.65 trillion in the SBN market and a net buy of Rp13.93 trillion in the stock market.

Bank Indonesia continues strengthening coordination with the Government and other relevant authorities as well as optimising the policy mix strategy to maintain macroeconomic and financial system stability to support ongoing economic recovery momentum.

Jakarta, 19^th May 2023 

Communication Department

Erwin Haryono

Executive Director

Information about Bank Indonesia

Tel. 021-131, Email: bicara@bi.go.id 

[1] DXY or the US Dollar Index is an index of the value of the United States dollar relative to a basket of six foreign currencies, namely EUR, JPY, GBP, CAD, SEK and CHF.

[2] UST or US Treasury Notes are government debt instruments issued by the United States Department of the Treasury with tenors of 1-10 years.