Bank central of indonesia reported the decrease of reserves by the end of november 2016 amounting $3.5 billion from 115 billion usd in october to $ 111.5 billion in november 2016.
However BI assures that this will be only temporary since the investor is quite confident with the improvement of economy growth and conducive market capital of the state.
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Director of communication department of BI arbonas hutabarat said BI will continue to improve sufficiency of reserves as to maintain stability of economy and finance system.
The amount of reserves in november is still sufficient to finance 8.5 months of import and for foreign debt. Such amount also is claimed to be above standard of international.
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