April Sees Significant FX Reserves Dip: UOB Uncovers Surprising Changes
Enrico Tanuwidjaja and Junior Economist Agus Santoso, economists at UOB Group, have reviewed the latest release of foreign exchange (FX) reserves in Indonesia. In April 2023, Indonesia’s foreign exchange reserves slightly decreased by $1 billion to reach $144.2 billion. This latest reserve level is enough to finance 6.4 months of imports or 6.3 months’ worth […]