Indonesia’s Balance of Payment at $3.9 Billion in Q1 2018
Jakarta | 11th May 2018
Indonesia’s balance of payments (BOP) in Q1/2018 recorded a deficit in line with the decrease in capital and financial account surplus. The BOP deficit in Q1/2018 was USD3.9 billion. With the development, the official reserve asset position at the end of March 2018 was registered at USD126.0 billion.
“Indonesia’s Balance of Payment at $3.9 Billion in Q1 2018”
Looking ahead, the BOP is predicted to remain favorable so that able to continue supporting the external sector resilience. Bank Indonesia will keep a close watch on global developments that may affect the BOP prospects, including increased global financial market uncertainty, the tendency of inward-oriented trade policy in some countries, and rising world oil prices.
Official Press Release by Bank Indonesia