Purbaya Reveals Foreign Capital Returning to Indonesia as Dollar Weakens to Rp17,460

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has revealed that foreign capital is returning to Indonesia’s bond market, alongside the strengthening of the rupiah exchange rate against the US dollar this afternoon.

As is known, at the close of trading today, Wednesday (13/5/2026), the rupiah exchange rate did indeed strengthen to the level of Rp17,460/US, afterpreviouslybeingundercontinuouspressureuntilitreachedtheall − timeweakestlevelaroundRp17, 500/US this morning.

“Foreign investors are also entering. It seems the bonds are starting to stabilise again, and we’ll see what happens going forward. But clearly, we’re monitoring the bond market conditions now,” said Purbaya in the area of the Attorney General’s Office, Jakarta, Wednesday (13/5/2026).

As is known, the yield on Indonesia’s benchmark 10-year government securities did indeed strengthen today to a level of 6.70 from the previous 6.73. This is a sign that foreign capital flows have started to enter.

This strengthening is also in line with Purbaya’s plan to stabilise Indonesia’s bond yield in the bond market, through the utilisation of the bond stabilization fund (BSF) scheme.

This scheme, he said, will be implemented immediately by the Directorate General of Financing and Risk Management (DJPPR) and the Directorate General of Treasury (DJPb).

“Later, I’ve already instructed them to take action, then I’ll see what the results are like. This will continue going forward. It might run like this for the next few months,” Purbaya emphasised.