Indonesia's FX reserves drop to $135.6 billion at end-May
FILE PHOTO: An employee shows U.S. dollars banknotes at a money changer in Jakarta, Indonesia, April 24, 2018. Antara Foto/Hafidz Mubarak/via REUTERS
JAKARTA : Indonesia's foreign exchange reserves slipped to $135.6 billion in May, equals to 6.8 months worth of imports, down from $135.7 billion a month earlier, the central bank said in a statement on Wednesday.
The drop was due to payments of foreign public debt, Bank Indonesia said, adding that large export earnings also affected the figure.
Source: Reuters
