- VIVAnews/Nurcholis Anhari Lubis
VIVAnews – The foreign exchange reserves went up to US$100 million over the last two weeks. The amount is equivalent to Rp856 billion. The amount of foreign exchange reserves as of August 19, 2011 came at US$124.5 billion. In the end of the same month, the amount had grown to US$124.6 billion.
"As of late August 2011 Indonesia's foreign exchange reserves amounted to US$124.6 billion," said Bank Indonesia Deputy Governor Hartadi, at BI office, Jakarta, Wednesday. This much amount of foreign exchange reserves is the highest record since Indonesia's independence.
The increase in foreign exchange reserves was in line with the strong capital inflows following the economic slowdown. In January 2011 foreign exchange reserves amounted to US$95.3 billion. So from January to August, foreign exchange reserves increased by US$29.3 billion.
Hartadi went on to say, foreign ownership at Bank Indonesia Certificates (SBI) and State Bonds (SBN) has not changed much. As of the end of August 2011, foreign ownership of SBI amounted to Rp54.7 trillion, or 31.95 percent of the total SBI. Meanwhile the state bonds owned by foreigners reached the value of Rp247.4 billion or 34.1 percent of the total state bonds.
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