Indonesia Official Reserves at $126 Billion in March 2018
Jakarta | 6th April 2018
Indonesia’s official reserve assets stood at $126 billion as of end-March 2018, still high enough although lower than the end of February 2018 level at $128.06 billion.
” INDONESIA OFFICIAL RESERVES AT $126 BILLION “
The reserve asset position was equivalent to financing of 7.9 months of imports or 7.7 months of imports and servicing of government external debt, well above the international standard of reserve adequacy of 3 months of imports.
Bank Indonesia considers the position of official reserve assets is able to support the external sector resilience and maintain macroeconomic and financial system sustainability.
Official Press Release by Bank Indonesia