JAKARTA, Aug 5 (Reuters) - Indonesia's foreign exchange reserves fell by $4.2 billion last month to reach $132.2 billion at the end of July due to pa
JAKARTA, Aug 5 (Reuters) – Indonesia’s foreign exchange
reserves fell by $4.2 billion last month to reach $132.2 billion
at the end of July due to payments of public debt and the
central bank’s currency intervention measures, Bank Indonesia
(BI) said on Friday.
The reserve level was equal to imports for 6.2 months, above
an international standard of 3 months of imports, and was
adequate to maintain Indonesia’s external and financial system
stability, BI said in a statement.
(Reporting by Gayatri Suroyo; Editing by Kanupriya Kapoor)
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