Economist at UOB Group Enrico Tanuwidjaja and Junior Economist Agus Santoso comment on the latest publication of FX Reserves in Indonesia.
Indonesia’s foreign exchange reserves fell by USD1.8bn from Sep to USD133.1bn in Oct 2023, as it continued its declining trajectory in 3 consecutive months and recorded a decline of USD4.1bn from its position in Dec 2022.
The latest reserves level was equivalent to financing 6.1 months of imports or 5.9 months’ worth of imports and external government debt servicing, well above the international adequacy standard of 3 months of imports.
The figure represented a decline in exports revenue in Oct which was expected to record a deeper contraction and capital outflow due to heightened global uncertainty. Going forward, we expect that more new and competitive instruments including SRBI, SVBI and SUVBI could attract stronger inflows into Indonesia. Hence, we maintain our forecast of Indonesian FX reserves to remain in high levels of around USD135bn to USD145bn at the end of this year on the back of better outlook especially from CPO prices and higher inflows into Indonesia’s bond market.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.