Markets

Indonesia's forex reserves rise to $111.2bn by end-August

Published September 5, 2014 Updated September 5, 2014 12:46pm

JAKARTA: Indonesia's foreign exchange reserves rose to $111.2 billion by the end of August from $110.5 billion the previous month, fuelled by strong oil and gas export revenue, Bank Indonesia said on Friday.

That was the highest level of Indonesia's foreign exchange reserves since December 2012.