RI Foreign Exchange Reserves Reach US$105.7B

RI Foreign Exchange Reserves Reach US$105.7B
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Indonesia’s foreign exchange reserves reached US$105.7 billion as of March, up 6.12 percent from $99.6 billion a month earlier. Bank Indonesia Governor Darmin Nasution said Tuesday the foreign exchange reserves equaled six months of imports. “Exports will grow higher, capital inflow will remain huge and foreign investment will increase,” Darmin said, as quoted by kontan.co.id BI predicted economic growth will reach 6.5 percent this year and 6.6 percent next year. Source: The Jakarta Post

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