Corporate overseas debt poses threat to RI reserves
THE JAKARTA POST
PREMIUM Grounds for concern: A worker walks inside the grounds of Bank Indonesia in Jakarta. The central bank said that corporate debt equivalent to about 42 percent of the nation’s total foreign-exchange reserves will mature during 2009. Companies will have to repay US$22.6 billion of overseas debts this year, a BI deputy governor said Thursday. JP/Ricky Yudhistira Indonesia’s corporate overs...