No. 23/5/DKom
Indonesia’s
official reserve assets stood at USD135.9 billion as of end-December
2020, increased from USD133.6 billion as of end-November 2020. The
position of official reserve assets was equivalent to finance 10.2
months of imports or 9.8 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
increase of official reserve assets in December 2020 was mainly
influenced by government’s foreign loan withdrawal and tax receipts.
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.
Head of Communication Department
Erwin Haryono
Executive Director
Information on Bank Indonesia
Tel. 021 - 131, e-mail: bicara@bi.go.id
