BI's forex reserves fall

BI's forex reserves fall

JAKARTA (JP): Bank Indonesia said on Tuesday the country's net
foreign exchange reserves fell in the third week of April by
US$124.7 million to $18.19 billion compared to the previous week.

The central bank said in its weekly report the decline was
primarily due to debt repayments and the transfer of the Jexim
loan to Bank Ekspor Indonesia.

Bank Indonesia also said gross international reserves, which
are net foreign exchange reserves plus outstanding foreign
exchange contracts, declined by $122.6 million to $29.39 billion.
(rei)