Jakarta, Klinik Farma- The Bank of Indonesia noted that the state of Indonesia’s foreign exchange reserves at the end of July 2023 was recorded at $137.7 billion, up from the state at the end of June 2023 of $137.5 billion.
Senior Economist Bambang Brodjonegoro said the relatively safe position of the cadve is very good for maintaining Indonesia’s macroeconomic stability. Thus, the implementation of export earnings exchange (DHE) rules could further strengthen RI cadev, although financial market deepening is still needed to attract more foreign exchange.
How do economists see the attitude towards the prospects and problems of Indonesia’s economic growth? To learn more, watch Andi Szalini’s conversation with Bambang Brodjonegoro, Senior Economist and Minister of Finance of the Republic of Indonesia 2014-2016, on The Closing Call, CNBC Indonesia (Monday, 07/08/2023)