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Indonesia’s FX reserves drop slightly to $152 bln by end-July — TradingView News

Indonesia’s foreign exchange reserves stood at $152 billion at the end of July, a slight decrease from the $152.6 billion a month earlier, data from the central bank showed on Thursday.

The July level was the equivalent of 6.3 months of imports, higher than international standards, and adequate to support Indonesia’s external sector and maintain macroeconomic and financial stability, Bank Indonesia said.

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