Sabtu , 15 Dec 2018, 04:00 WIB

Govt needs instant foreign exchange source: BI

REPUBLIKA.CO.ID, SOLO -- Bank Indonesia said the government needs instant foreign exchange source to shore up the country's economic development. It was needed to cover the current account deficit."Indeed,...

Sabtu , 08 Dec 2018, 02:00 WIB

Forex reserves up $2 billion to $117 billion in November

REPUBLIKA.CO.ID, JAKARTA -- Bank Indonesia (BI) announced that the country's foreign exchange reserves rose US$2 billion to $117.2 billion at the end of November 2018. A month earlier it was recorded at $115.2 billion.The increase in foreign exchange reserves, particularly came from oil and gas revenues, foreign loans, and other foreign exchange earnings that exceeded the needs to repay...