Foreign Exchange Reserves of Indonesia Slightly Lower in March 2014
Indonesia’s official foreign exchange reserve assets stood at USD $102.6 billion as of the end of March 2014, a slight decline from the level of USD $102.7 billion in the previous month. The decline was mainly due to government payments in the context of its maturing global bond in March 2014. At this level, reserve assets can adequately cover 5.9 months of imports or 5.7 months of imports as well as servicing of government external debt repayment, well above the international standards of reserves adequacy at three months of imports.
Indonesia's Foreign Exchange Reserves 2008-2014:
¹ in billion US dollar
² at end March 2014
Source: Bank Indonesia
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