Indonesia's forex reserves rise to $145.2 bln in March - c.bank

Kitco Media
By Reuters
Published:
Updated:
Reuters
JAKARTA, April 10 (Reuters) - Indonesia's foreign exchange reserves increased by nearly $5 billion to $145.2 billion in March, due to the government's offshore loan withdrawal and tax income, the central bank said on Monday. The reserves level was equal to funding needs for 6.4 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 Stanley Widianto Editing by Ed Davies)

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