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Indonesia's Balance of Payments in Quarter III 2020 is Surplus

Jakarta, 20/11/2020 MoF - Bank Indonesia (BI) released the Indonesian Balance of Payments (NPI) figures in the third quarter of 2020, which again recorded a surplus of US$2.1 billion.

The continuing balance of payments surplus is supported by surpluses from the current account as well as the capital and financial account. In the third quarter of 2020, the current account recorded a surplus of US $ 1 billion (0.4% of GDP), while the capital and financial account recorded a surplus of US$ 1.0 billion (0.4% to GDP).

The balance of payments surplus made the position of foreign exchange reserves at the end of September 2020 to increase to 135.2 billion US dollars.

The position of foreign exchange reserves is equivalent to 9.1 months of financing imports and government external debt and is above the international adequacy standard. (nr / ds)