RI forex reserves weaken

RI forex reserves weaken

JAKARTA (JP): Indonesia's net foreign exchange reserves fell
by US$58 million to $16.60 billion in the week ending on Dec. 15
from $16.65 billion the previous week, Bank Indonesia reported on
Thursday.

The central bank said in its weekly report the drop was partly
due to debt repayment.

Gross international reserves -- net foreign exchange reserves
plus outstanding foreign exchange contracts -- also fell,
dropping to $27.53 billion from $27.59 billion, the central bank
said.

The primary money in circulation dropped by Rp 881 billion to
Rp 82.24 trillion as of Dec. 14 from Rp 83.76 trillion as of Dec.
7, due to an increase in money in circulation.(rei)