Economic Indicators
Indonesia’s FX reserves rise to $136.4 billion at end-June
2022.07.07 06:21
FILE PHOTO: An employee counts Indonesian rupiah banknotes at a currency exchange office in Jakarta, Indonesia October 23, 2018. REUTERS/Beawiharta
JAKARTA (Reuters) – Indonesia’s foreign exchange reserves increased to $136.4 billion in June, equivalent to 6.6 months worth of imports and up from $135.6 billion a month earlier, the central bank said in a statement on Thursday.
The rise was due to the issuance by the government of global bonds, Bank Indonesia said, adding revenue from tax and services also contributed.