Indonesia forex reserves rise to $116.4 billion

15 Jan, 2017

Indonesia's foreign exchange reserves rose to $116.36 billion at the end of December from $111.47 billion one month earlier, Bank Indonesia (BI) said on Monday.
December's increase of $4.89 billion in reserves was mainly supported by global bond issuance as well as oil and gas revenues, the central bank said in a statement.
Bank Indonesia Deputy Governor Perry Warjiyo told reporters last week that end-December's forex reserves increased from end-November.

Read Comments