JAKARTA, Dec 6 (NNN-ANTARA) – Indonesia’s foreign exchange reserves fell to 150.2 billion U.S. dollars in Nov, down from 151.2 billion dollars in the previous month, due to government foreign debt payments, the central bank said, today.
“The reserve position remains high, equivalent to 6.5 months of imports, or 6.3 months of imports and government foreign debt payments,” said Ramdan Denny Prakoso, executive director of Bank Indonesia’s Communication Department.
Bank Indonesia ensured that, Indonesia’s foreign exchange reserves will remain adequate to support external sector resilience, with positive export prospects and a surplus in the capital and financial account expected to continue supporting its stability.
In addition, positive investor sentiment towards Indonesia’s economic outlook and attractive investment returns, contribute to maintaining the country’s external resilience, while strengthening market confidence amid global uncertainties.– NNN-ANTARA
