Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

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Agus Dwi Darmawan 30/06/2024 09:35 WIB

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Indonesia's Foreign Exchange Reserves as of February 2024

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Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

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Indonesia's Foreign Exchange Reserves as of February 2024

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Bank Indonesia recorded Indonesia's foreign exchange reserves as of early June 2024 at US$140.18 billion. This represents an increase of US$1.204 billion compared to the May 2024 position of US$138.97 billion.

Indonesia's current foreign exchange reserves are equivalent to 6.1 months of import financing and government foreign debt payments, and remain above the international adequacy standard of around 3 months of imports.

The increase in foreign exchange reserves was influenced by the average weakening of the Rupiah exchange rate in June 2024, which was recorded at 1.69 percent month-to-month (m-o-m).

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

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Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

Indonesia's foreign exchange reserves increased by US$1.204 billion this month.

Tags

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