
Indonesia’s Foreign Exchange Reserve Rise to US$130.5 Billion in May
Indonesia’s foreign exchange reserve rose from US$127.9 billion in April to US$130.5 billion in May 2020. Based on a release from the central bank, Bank Indonesia (BI), the reserve is equal to 8.3 months’ worth of imports or 8 months of import and payment for the Government’s foreign debts. The figure is also above the […]