Reporting by Tabita Diela; Editing by Shri Navaratnam
JAKARTA, Oct 7 (Reuters) – Indonesia’s foreign exchange reserves dropped by $1.8 billion in September to $135.2 billion, mainly due to the government’s foreign debt payment as well as efforts to stabilise the rupiah, the central bank said on Wednesday.
The September reserve level would cover the cost of 9.5 months of imports, Bank Indonesia (BI) said in a statement.
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The end-September 2020 amount compared with an all-time record of $137 billion reserves in August.
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