Indonesia: FX reserves extended the downside in April – UOB

Indonesia: FX reserves extended the downside in April – UOB By pabspiovano Indonesia Banks

Key Takeaways

“Nevertheless, the current level of reserves remained well above the international adequacy standard of 3 months of imports. The latest reserve level was equivalent to finance 6.9 months of import or 6.7 months of imports and servicing the government’s external debt.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

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