JAKARTA (BERNAMA) – Indonesia’s international reserves amounted to USD144.9 billion as of December 31, down slightly from USD145.9 billion at the end of November.
The decline was due to, among others, the need to pay the government’s foreign debt, according to Bank Indonesia (BI).
In a statement on Friday, the central bank said reserves position suffices to finance eight months of imports and servicing the government’s external debt.
“The official reserve assets remain adequate, supported by the stability and solid domestic economic outlook, in line with the policy responses to stimulate economic recovery,” BI said.
