Wow! RI foreign exchange reserves of U.S. $ 124.5 billion Translucent

Jakarta - Bank Indonesia (BI) again recorded an increase of RI foreign exchange reserves significantly. In early August 2011, RI foreign exchange reserves amounting to only U.S. $ 123 billion, but tumbled on August 10, 2011 to U.S. $ 122.7 billion.

BI is now revealed by August 19, 2011 RI foreign exchange reserves of U.S. $ 124.5 billion translucent.

"The data or the end of the third week of August 19, 2011 foreign exchange reserves reached U.S. $ 124.5 billion," said BI Deputy Governor Hartadi Sarwono to detikFinance in Jakarta, Tuesday (23/08/2011).

Hartadi explained this increase in reserves due to global economic conditions and domestic crises that had affected the U.S. and Europe is back to normal.

"The conditions we saw was back to normal," he explained.

Meanwhile, Hartadi said foreign ownership in Bank Indonesia Certificates (SBIs) as at August 19, 2011 reached Rp 54.5 trillion, still controlled 31.85% of total SBI.
"As for Bonds (SBN) foreign ownership recorded at Rp 245.7 trillion or 33.94% of total government securities," explained Hartadi.

The following notes RI foreign exchange reserves since the beginning of January 2011:

* January 2011: U.S. $ 95.3 billion
* February 2011: U.S. $ 97 billion.
* March 2011: U.S. $ 105.7 billion.
* April 2011: U.S. $ 116.5 billion.
* May 2011: U.S. $ 118 billion.
* June 2011: U.S. $ 119.65 billion.
* July 2011: U.S. $ 122.7 billion.
* August 19, 2011: U.S. $ 124 billion.

Posted in: Bank Indonesia (BI),Banking,Economy,Financial,PT Bank Rakyat Indonesia (BRI)