Foreign Capital Inflows to Indonesia Reach US$8.5 Billion

Bank Indonesia (BI) recorded US$8.5 billion in foreign capital entering the domestic financial market in the second quarter of 2026. BI Governor Perry Warjiyo said the foreign portfolio investment inflows were primarily supported by State Securities (SBN) and Bank Indonesia Rupiah Securities (SRBI).

Perry noted that the foreign capital inflows continued into the third quarter of 2026. “This then continued into the third quarter of 2026 up until 20 July 2026, mainly from SBN, which recorded net inflows of US$0.1 billion,” Perry said at a press conference following the Board of Governors meeting on Wednesday, 22 July 2026.

According to Perry, the central bank has pursued various monetary policies to raise yields on domestic financial instruments in order to attract foreign capital into Indonesia. Previously, in the first quarter of 2026, the capital and financial account recorded a deficit of US$4.9 billion. Meanwhile, the current account recorded a deficit of US$4 billion, equivalent to 1.1 per cent of Gross Domestic Product (GDP).

Bank Indonesia also recorded foreign exchange reserves at the end of June 2026 at US$145.6 billion. This position is equivalent to financing 5.5 months of imports, or 5.4 months of imports plus payments of the government’s external debt, and stands above the international adequacy standard of around three months of imports.

“Going forward, Bank Indonesia projects the 2026 current account performance to remain healthy, within a deficit range of 0.5 per cent to 1.3 per cent of GDP,” Perry said. He added that BI and the government will continue to strengthen policy synergy to reinforce the external resilience of the national economy while bolstering the stability of the rupiah exchange rate.