Indonesia's forex reserves drop to $133.7 bln at end-October

MACROECONOMICS - ​JAKARTA. Indonesia's foreign exchange reserves dropped by $1.5 billion in October to $133.7 billion, mainly due to the government's foreign debt payments, the central bank said on Friday.

The October reserve level would cover the cost of 9.7 months of imports, Bank Indonesia (BI) said in a statement.