Indonesia’s Official Reserves at $126.50 Billion in October 2017
Jakarta | 7th November 2017
Indonesia’s official reserve assets position stood at $126.5 billion as of end-October 2017.
” INDONESIA’S OFFICIAL RESERVES AT $129.50 BILLION “
Despite lower than the end of September 2017 level at $129.4 billion, the end of October 2017 reserve asset position was sufficient to finance 8.6 months of imports or 8.3 months of imports and servicing of government external debt repayments, well above the international standards of reserves adequacy at 3 months of imports.
Bank Indonesia considers the position of official reserve assets is able to support the external sector resilience and maintain the sustainability of Indonesian economic growth.
Official Press Release by Bank Indonesia
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