JAKARTA, Aug. 5 (Xinhua) -- Foreign exchange reserve of Indonesian central bank rose to 111,409 billion U.S. dollars at the end of July from 109.789 billion U.S. dollars at the end of June, the bank said on Friday.
That is sufficient to pay a 8.5-month importation and the government foreign debts, the bank said in its website.
Indonesia's trade performance has posted surplus in recent months as exports have gradually improved amid rebound of commodity prices.
In June, the country's trade surplus widened to 900.2 million U.S. dollars in June compared with 375.6 million U.S. dollars in May, statistic bureau has said.
Indonesia has started receiving influx of foreign capitals since the endorsement tax amnesty law in June that has bolstered stock market and strengthened rupiah against the U.S. dollars as the investors expects the policy to spur asset repatriations.
