RI's forex reserves rise

JAKARTA (JP): Bank Indonesia said on Friday that its net foreign exchange reserves increased to US$16.41 billion as of June 30 from $16.37 billion a week earlier.

The central bank said in its weekly indicator report that the increase was particularly due to oil and gas export revenue and disbursement of foreign debt.

The bank said that gross international reserves also increased by $40 million to $26.9 billion.

The central bank added that the amount of currency in circulation jumped to Rp 77.351 trillion from Rp 74.898 trillion a week earlier.(rei)