Indonesia's forex reserves fall to $105.2 bln in May - c.bank
JAKARTA, June 7
JAKARTA, June 7 (Reuters) - Indonesia's foreign exchange reserves fell to $105.2 billion at the end of May from $107.27 billion the previous month, in line with Bank Indonesia's efforts to support the rupiah in recent weeks, Governor Agus Martowardojo said on Friday.
The reserves climbed in April, helped by the country's $3 billion global bond issuance.
Bank Indonesia intervened in markets to help the ailing rupiah from further depreciation due to rising concerns over inflationary pressure and the trade deficit. (Reporting by Adriana Nina Kusuma; Editing by Kim Coghill)
- Malaysian plane presumed crashed; questions over false IDs |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Libya threatens to bomb North Korean tanker if it ships oil from rebel port