KONTAN.CO.ID - JAKARTA. There is a chance that foreign exchange reserves will increase by the end of 2024 compared to the level at the end of 2023, which was US$ 146.4 billion. UOB Bank Economist Enrico Tanuwidjaja calculates that Indonesia's foreign exchange reserves this year will be in the range of US$ 145 billion to US$ 155 billion. He revealed that this is driven by the potential strengthening of demand from Indonesia's main trading partner countries, which boosts exports.
Indonesia's Foreign Exchange Reserves in 2024 Have the Potential to Reach Up to US$ 155 Billion
KONTAN.CO.ID - JAKARTA. There is a chance that foreign exchange reserves will increase by the end of 2024 compared to the level at the end of 2023, which was US$ 146.4 billion. UOB Bank Economist Enrico Tanuwidjaja calculates that Indonesia's foreign exchange reserves this year will be in the range of US$ 145 billion to US$ 155 billion. He revealed that this is driven by the potential strengthening of demand from Indonesia's main trading partner countries, which boosts exports.