BI's Forex Reserves Drop to US$56.9 B

VIVAnews – Bank Indonesia's foreign exchange reserves at present time reach US$56.9 billion, lower than the last position in the end of June 2009 valuing US$57.6 billion.

“The foreign exchange reserves position slightly slide from US$57 billion,” said Bank Indonesia's deputy governor Budi Mulya in Jakarta on Friday, July 24.

However, he cannot explain the cause of the foreign exchange reserves decrease, whether it was used for an intervention due to the bomb blasts or used to pay the government's debt which has met its tenure period.   

BI's data show that the foreign exchange reserves value has decreased for around US$1 billion if compared to the May 31 position which valued US$57.9 billion.

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Translated by: Ariyantri E. Tarman

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29 Maret 2024