JAKARTA, March 7 (Reuters) - Indonesia's foreign
exchange reserves increased by about $900 million to $140.3
billion in February, partly due to the government's offshore
loan withdrawal, the central bank said on Tuesday.
The reserves level was equal to funding needs for 6.2 months
of imports, above international standards, and a level Bank
Indonesia saw as adequate to support external resilience, it
said in a statement.
(Reporting by Gayatri Suroyo; Editing by Martin Petty)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.