The central bank (Bank Indonesia/BI) reported on Friday last week (Sept 8) that the nation’s foreign exchange (forex) reserves rose to US$128.8 billion at the end of August 2017, higher than the US$127.8 billion in the┬ámonth before. This growth was primarily attributed to foreign exchange receipts from tax revenues and government oil & gas export proceeds, as well as auctions of Bank Indonesia’s foreign exchange bills.To subscribe please click here