Indonesia's Forex Reserves Drop to $149.9 Billion at End-September

FOREIGN RESERVE - JAKARTA. Indonesia's foreign exchange reserves fell to $149.9 billion last month from $150.2 billion at the end of August, due to payment of the government's foreign loans, the central bank said on Monday.

The reserves were equal to 6.6 months of imports, above international standards and adequate to support Indonesia's external resilience and maintain macroeconomic and financial stability, Bank Indonesia said in a statement.