Indonesia’s Official Reserve at U$128.80 Billion in August 2017
Jakarta | 8th September 2017
Indonesia’s official reserve asset position stood at $128.80 billion as of end-August 2017, higher than the end of July 2017 level registered at $127.80 billion.
” Indonesia’s Official Reserves at $128.80 billion “
The reserve asset position at the end-August 2017 adequately covered 8.9 months of imports or 8.6 months of imports and servicing of government external debt repayments, well above the international standards of reserve adequacy at 3 months of imports.
Bank Indonesia considers the official reserve assets are able to strengthen the resilience of the external sector and maintain the sustainability of Indonesian economic growth.
Official Press Release by Bank Indonesia
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