As of May 18, 2026, Indonesia recorded foreign capital inflows of approximately US$5.5 billion.
The returning investments mainly entered government securities and Bank Indonesia Rupiah Securities (SRBI), both of which have become more attractive due to higher yields.
The inflow of foreign funds signals renewed confidence in Indonesia’s financial market and monetary stability.
Analysts believe Indonesia still offers promising long-term investment opportunities compared to other emerging economies, especially due to its strong domestic consumption and improving fiscal management.
Another positive indicator highlighted by Perry was Indonesia’s foreign exchange reserves. At the end of April 2026, the country’s reserves stood at US$146.2 billion.
This amount is considered sufficient to finance 5.8 months of imports or 5.6 months of imports and government external debt payments.
The strong reserve position provides an important buffer against external shocks and demonstrates Indonesia’s ability to maintain macroeconomic stability during periods of global uncertainty. It also strengthens confidence in the rupiah and supports the country’s financial system.
Moving forward, investors will continue monitoring developments in the Middle East, movements in US interest rates, and global energy prices.
These factors are expected to play a major role in shaping capital flows into emerging markets throughout 2026.