JAKARTA - Indonesia Bank Indonesia's foreign exchange reserves recorded late February 2015 amounted to 115.5 billion US dollars. These reserves increased $ 1.3 billion from the end of January 2015 amounted to 114.2 billion US dollars.
Executive Director of the Department of Communications Bank Indonesia, Tirta Segara said, the increase in foreign exchange reserves was mainly derived from oil and gas export revenues that exceed the part of government spending on foreign debt payments.
"Foreign exchange reserves at the end of February 2015 can finance 7.0 months of imports or 6.8 months of imports and foreign debt payments, over and above the international standard of adequacy of about 3 months of imports," Tirta said in a press release.
In addition, Bank Indonesia's foreign exchange reserves are able to assess the resilience of the external sector to support and maintain the sustainability of economic growth in Indonesia in the future.
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