Economic Indicators

Indonesia’s FX reserves rise to $136.4 billion at end-June

2022.07.07 06:21

Indonesia's FX reserves rise to $136.4 billion at end-June
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.

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