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Bank Indonesia Says Forex Reserves Remained High in June 2023

Economics editor Michelle Natalia
07/07/2023 14:15 WIB
The position of reserve assets in Indonesia remained high at the end of June 2023, totalling USD137 billion.
Bank Indonesia Says Forex Reserves Remained High in June 2023. (Foto: MNC Media)
Bank Indonesia Says Forex Reserves Remained High in June 2023. (Foto: MNC Media)

"Bank Indonesia considers the current level of reserve assets are able to support external sector resilience as well as maintain macroeconomic and financial system stability," he stated.

"Moving forward, Bank Indonesia views that reserves asset will remain ample, supported by stability and maintained economic outlook, in line with the policy mix responses to preserve macroeconomic and financial system stability to bolster sustainable economic growth," he added. (WHY)

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