Arab Today, arab today indonesia\s currency reach 1052bn
Last Updated : GMT 18:20:30
Arab Today, arab today
Arab Today, arab today

Indonesia\'s currency reach $105.2bn

Arab Today, arab today

Arab Today, arab today Indonesia\'s currency reach $105.2bn

Jakarta - XINHUA

Indonesia recorded foreign currency reserves at 105.2 billion U.S. dollars in February this year, or 3. 6 billion U.S. dollars lower than 108.8 billion U.S. dollars recorded a month earlier, a statement released by the Indonesian central bank (BI) said here Thursday. The statement said that the foreign currency reserves figure in February was above the international adequacy standard as it is able to finance foreign debts and imports in 5.7 months. The central bank estimated that deficit in the ongoing transaction would be declining in the first quarter this year due to recovery in global commodity prices that would eventually increase exports. On the other hand, imports on non oil and gas commodities would be declining amid the much-estimated increasing imports on oil and gas in the period. Meanwhile, the flow of foreign capital into the country both in direct investment (FDI) and portfolios is estimated to increase amid increasing needs on foreign currencies in domestic market to finance, among other, oil and gas imports. The central bank also learned that the exchange rate of Indonesian currency Rupiah against U.S. dollar was improved by 0. 31 percent in February, making it stand at 9,680 rupiah per one U. S. dollar, compared to earlier in the year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia\s currency reach 1052bn Arab Today, arab today indonesia\s currency reach 1052bn

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesia\s currency reach 1052bn Arab Today, arab today indonesia\s currency reach 1052bn

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday