Bisnis.com, JAKARTA — Economic developments such as geopolitical tensions, Donald Trump’s reciprocal tariffs, and domestic issues have sent ripples across global markets and sent Indonesia’s own financial market into a worse state than last year, with key indicators such as foreign capital outflows, five-year credit default swap (CDS) rates, and the depreciation of rupiah against the dollar all painting a bleak picture for Indonesia.
Starting with capital outflows, Bank Indonesia (BI) reported a foreign outflow of IDR 37.17 trillion between January 1 and April 16, 2025. This amount is IDR 26.53 trillion higher than last year’s amount in the same period (IDR 10.64 trillion).
