JAKARTA, June 29 (Xinhua) -- Indonesia's central bank on Monday said recent interest rate hikes have drawn around 9 billion U.S. dollars in foreign portfolio inflows into Bank Indonesia (BI) securities and government bonds so far this year.

Photo taken on Jan. 23, 2022 shows the cityscape in Jakarta, Indonesia. (Photo: Xinhua)

BI Senior Deputy Governor Destry Damayanti noted a rapid influx of foreign capital into rupiah securities and sovereign bonds from January to June 26, with June driving a major portion of this momentum.

The central bank raised its benchmark interest rate by a cumulative 100 basis points across May and June to 5.75 percent.

Damayanti said the policy was aimed at maintaining rupiah stability and keeping the domestic financial ecosystem from heightened global macroeconomic uncertainty.