JAKARTA, Oct 7 — Indonesia’s foreign exchange reserves dropped by US$1.8 billion (RM7.49 billion) in September to $135.2 billion (RM562.36 billion), mainly due to the government’s foreign debt payment as well as efforts to stabilise the rupiah, the central bank said on Wednesday.
The September reserve level would cover the cost of 9.5 months of imports, Bank Indonesia (BI) said in a statement.
The end-September 2020 amount compared with an all-time record of US$137 billion (RM569.85 billion) reserves in August.
— Reuters
