Indonesia Official Reserves at $130.20 Billion in December 2017
Jakarta | 8th January 2018
Indonesia’s official reserve assets position stood at $130.20 billion as at end-December 2017, higher than the end of November 2017 level at $125.97 billion.
” INDONESIA OFFICIAL RESERVES AT $130.20 BILLION “
The reserve assets position at the end-December 2017 adequately covered 8.6 months of imports or 8.3 months of imports and servicing of government external debt repayments, well above the international standard of reserve adequacy of 3 months of imports.
Bank Indonesia will continue to maintain reserve adequacy to support preserved macroeconomic and financial system stability. It is supported by a remained positive domestic economic conditions, improved export performance, and conducive global financial market development.
Official Press Release by Bank Indonesia