In a statement, Bank Indonesia noted that the current reserve asset position can adequately cover 7.9 months of imports or 7.6 months of imports and servicing of government foreign debt repayments, well above the international standards of reserves adequacy at three months of imports.

The drop in the nation's foreign exchange reserves that occurred in May is expected to a temporary phenomenon because unrest on the global financial markets has somewhat eased now Federal Reserve officials' statements have become somewhat "dovish".

Foreign Exchange Reserves Indonesia: