TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Foreign currency savings decreases: LPS

  • Anton Hermansyah
    Anton Hermansyah

    The Jakarta Post

Jakarta   /   Fri, March 30, 2018   /   09:33 am
 Foreign currency savings decreases: LPS An employee makes a phone call at the office of the Deposit Insurance Corporation (LPS) in Jakarta. (kontan.co.id/Baihaki)

The Deposit Insurance Corporation (LPS) has reported that bank savings on foreign currencies had decreased in February, while savings in rupiah had increased.

The foreign currenct savings decreased by 0.35 percent month-on-month (mom) in February to Rp 735.05 trillion (US$51.45 billion) from Rp 737.66 billion in January, said LPS corporate secretary Samsu Adi Nugroho in a statement on Thursday.

"Meanwhile, bank savings in rupiah increased by 0.5 percent mom to Rp 4.59 quadrillion from Rp 4.58 quadrillion in January," Samsu added.

LPS also recorded a decrease in the number of saving accounts for foreign currencies.

In February, the number of saving accounts in foreign currencies was 1,008,083 accounts, a decrease of 0.23 percent compared to 1,010,404 accounts in January.

"The number of saving accounts in rupiah increased by 1.87 percent mom from 245,282,973 accounts in January to 249,858,135 accounts in February," Samsu said. (bbn)