Indonesia’s official reserves assets position as of end 2M16 stood at USD104.5bn, lower than the end of 1M16 level registered at USD102.1bn. This development was attributable to foreign exchange receipts, among other from government oil and gas revenues and foreign debt withdrawals as well as auction result of Bank Indonesia foreign exchange bills, which are more than offset the use of foreign exchange for government foreign debt payments. This development covers 7.6 months of imports or 7.3 months of imports and servicing of Government external debt repayment.
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