On Thursday (Apr. 7), the central bank (Bank Indonesia/BI) reported Indonesia’s official reserve assets position (forex reserves) at US$107.5 billion as of end-March 2016; the figure went up from the end of February 2016 level registered at US$104.5 billion. The increase was attributable to foreign exchange receipts, primarily from the issuance of government global sukuk and auction of Bank Indonesia foreign exchange bills, which more than outweighed the use of foreign exchange for government foreign debt payments.

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