JAKARTA: Indonesia’s central bank governor on Friday confirmed the country’s foreign exchange reserves had risen nearly 6 percent in December to $105.9 billion compared with the previous month.
That was the largest monthly percentage increase in Indonesia’s forex reserves since April 2012 and the highest absolute level since July 2015.
The estimate “is a good amount to cover debt and import needs,” Agus Martowardojo told reporters.
Bank Indonesia inadvertently released a forex reserves estimate earlier on Friday, but officials declined to confirm if the figure was the actual data.
Copyright Reuters, 2016
Courtesy : BRecorder