Forex reserves reach $28.13b

Forex reserves reach $28.13b

JAKARTA (JP): Indonesia's foreign exchange reserves rose again
on the week ending on Oct. 6 to US$28.13 billion from $28.09
billion in the previous week, according to Bank Indonesia.

The central bank attributed the rise in the forex reserves to
revenues from oil exports.

The amount of primary money comprising of bank notes in
circulations and reserves placed by commercial banks at the
central bank, rose Rp 97.86 trillion from Rp 97.098 trillion in
the previous week, the bank said.

Money in circulation increased slightly to Rp 66.43 trillion
from Rp 65.56 trillion.(hen)