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Jakarta Post
The Jakarta Post
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Corporate overseas debt poses threat to RI reserves

  • Aditya Suharmoko


JAKARTA | Fri, March 20 2009 | 12:47 pm
Corporate overseas debt poses threat to RI reserves

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...