Indonesia Official Reserve Assets Increased to US$121.8 Billion
Jakarta | 7th April 2017
Indonesia’s official reserve assets was registered at US$121.8 billion as of March 2017, higher than the end of February 2017 which stood at US$119.9 billion.
Indonesia’s official reserve assets
The increase in reserve assets was due to the foreign exchange receipts and tax revenues and government oil & gas export proceeds, issuance of government bonds and auction of Bank Indonesia foreign exchange bills.
Bank Indonesia considers the official reserve assets are able to strengthen the external sector and maintain the sustainability of Indonesian economic growth.
Official Press Release by Bank Indonesia