Indonesia's forex reserves drop to $130.2bn at end-October

Updated 07 Nov, 2022

JAKARTA: Indonesia's foreign exchange reserves dropped to $130.2 billion in October, equal to 5.8 months worth of imports, down from $130.8 billion a month earlier, the central bank said on Monday.

Asian currencies mixed in thin trading, Chinese yuan falls most

The drop was due to payments of the government's foreign debt and to stabilise the rupiah exchange rate, it said in a statement.

Read Comments