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View all search resultsreserves
Business 6 years ago
Foreign exchange reserves up to US$124.5 billion in March
Foreign exchange reserves strengthened in March to US$124.5 billion, up from $123.3 billion in the previous month, on the back of improved foreign exchange earnings from the oil and gas sector, Bank Indonesia (BI) reported on Monday.
Business 7 years ago
Foreign exchange reserves stable at US$120.1 billion in January
Indonesia welcomed 2019 with stable foreign exchange reserves, Bank Indonesia (BI) announced on Thursday, while economists said more favorable external conditions would pave the way for the country to build up reserves this year.
Business 7 years ago
Oil, gas reserves found in 2018 higher than target: Official
The government claimed on Monday that it had managed to find more oil and gas reserves in 2018, expanding the reserve-replacement ratio to 105 percent as of December last year, 5 percent higher than the target of 100 percent.
Business 7 years ago
Foreign exchange reserve declines to US$118.3b in July
Indonesia’s foreign exchange reserve declined by US$1.5 billion to $118.3 billion in July, Bank Indonesia (BI) reported on Tuesday, lower than $119.8 billion reserve in June as the central bank continues its market intervention to prevent the rupiah from sliding further against the US dollar.
