RI forex reserves rise again

RI forex reserves rise again

JAKARTA (JP): Indonesia's net foreign exchange reserves rose
by US$99.90 million to $16.65 billion in the week ending Dec. 7,
from $16.55 billion in the previous week, Bank Indonesia reported
on Thursday.

The central bank said in its weekly report that the increase
was due to revenue from oil and gas exports, and the disbursement
of foreign debts.

The gross international reserves -- net foreign exchange
reserves plus outstanding foreign exchange contracts -- rose by
$109.20 million to $27.59 billion, the central bank said.

The primary money in circulation increased by Rp 1.96 trillion
to Rp 83.76 trillion as of Dec. 7, due to an increase in the
money in circulation.

The central bank said net claims on the government rose to Rp
129.96 trillion, from 129.44 trillion a week earlier. (hen)