Indonesia: Forex Reserves up 13.6 Percent in January

TEMPO.CO, Jakarta – Bank Indonesia (BI) said the national foreign exchange (forex) reserves at the end of January reached US$131.98 billion. The figure represents a 1.36-percent monthly increase from December 2017’s US$130.20 billion. BI’s executive director for communications Agusman said the forex reserve increase was largely due to an increase in tax revenues and the government’s share […]

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