KONTAN.CO.ID - JAKARTA. Indonesia's official reserve assets at the end of February 2019 stood at US$ 123.3 billion, higher than US$ 120.1 billion at the end of January 2019. The reserve assets position was equivalent to financing of 6.9 months of imports or 6.7 months of imports and payment of government external debt, and well above the international standard of reserve adequacy of 3 months of imports. Bank Indonesia considers that the official reserve assets position is able to support the external sector resilience and maintain macroeconomic and financial system sustainability.
Indonesia's reserve assets stood at US$ 123.3 billion
KONTAN.CO.ID - JAKARTA. Indonesia's official reserve assets at the end of February 2019 stood at US$ 123.3 billion, higher than US$ 120.1 billion at the end of January 2019. The reserve assets position was equivalent to financing of 6.9 months of imports or 6.7 months of imports and payment of government external debt, and well above the international standard of reserve adequacy of 3 months of imports. Bank Indonesia considers that the official reserve assets position is able to support the external sector resilience and maintain macroeconomic and financial system sustainability.
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