JAKARTA: Indonesia's foreign exchange reserves rose by $7.5 billion in August to hit a record high of $144.8 billion, boosted by the International Monetary Fund's Special Drawing Rights' (SDR) allocation, the central bank said on Tuesday.
The Southeast Asian country got SDR equivalent to $6.31 billion from the IMF, which the fund gave to support global economic stability amid the COVID-19 pandemic, it said.
Indonesia's August reserve level was equal to 9.1 months of imports.
Comments
Comments are closed.