News Release

BI Icon

Communication Department​

6/8/2021 12:00 AM
Hits: 280

Official Reserve Assets May 2021 Remained High

 
Press Releases

No.23/ 138 /DKom

Indonesia’s official reserve assets remained high at USD136.4 billion as of end-May 2021, despite  declining from USD138.8 billion as of end-April 2021. The position of official reserve assets was equivalent to finance  9.5 months of imports or 9.1 months of imports and servicing government’s external debt,  and well above the international adequacy standard of three months imports. Bank Indonesia considers that the official reserve assets position was able to support the external sector resilience and maintain macroeconomic and financial system stability.

The decrease of official reserve assets in May 2021 was influenced, amongst others, by the government’s external debt payment. Moving forward, Bank Indonesia views that the official reserve assets remain adequate, supported by the stability and solid domestic economic outlook, in line with the policy responses to stimulate economic recovery.

 

Jakarta, 8th June 2021

Head of Communication Department

Erwin Haryono

Executive Director

 

 

Information about Bank Indonesia

Tel. 021-131, Email: bicara@bi.go.id

 

Lampiran
Kontak

​Contact Center BICARA : (62 21) 131 e-mail : bicara@bi.go.id
Working hours: Monday to Friday, 08.00-16.00 West Indonesia Time

Halaman ini terakhir diperbarui 6/8/2021 10:22 AM
Was this page useful?
Thank You! Would you like to give more detail?
Tag :

Other Articles