12.05.2011 - Indonesia forex reserves surpass US$115bln
Indonesia’s foreign exchange reserves have surpassed the US$115 billion mark, the highest amount ever, Bank Indonesia (BI) says. BI Governor Darmin Nasution announced Wednesday that forex reserves stood at US$115.8 billion as of May 6, which he said was "very sufficient to tackle speculation and risks of capital outflows". This amount compares to the year-end foreign currency reserves in 2010 that amounted to $96.2 billion, representing a $19.6 billion increase (about 20 percent) in the first five months of 2011..............................................Full Article: Source
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