Indonesia Official Reserves at $122.9 Billion in May 2018
Jakarta | 8th June 2018
Indonesia’s official reserve assets stood at USD122.9 billion as of end-May 2018, still high enough although lower than the end of April 2018 level at USD124.9 billion.
“Indonesia’s Official Reserves at $124.9 Billion in April 2018”
The reserve asset position was equivalent to financing of 7.4 months of imports or 7.2 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