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Bank Indonesia is facing a maturing barter currency or foreign exchange swap. However,
authorities mineter states would not interfere with foreign reserves because the funds are
well prepared.
At maturity barter currency dollar amount the United States must move away from Bank
Indonesia to banks. In the previous forex barter banks to the central bank to exchange
dollars into rupiah. Mechanism, through an auction BI to determine the premium to be
paid by the bank when another exchange rupiah to the U.S. dollar. There are three tenor
or the period of 1 month, 3 months and 6 months. The results of barter dollars into the foreign
exchange reserves. It is used as a barter currency hedging instruments as well as part
of strengthening monetary operations to manage foreign currency and rupee liquidity in the
market. Bank Indonesia, said barter currency maturing this time, it will not interfere
with foreign exchange reserves. Indonesia's foreign exchange reserves per 28 June 2013
reached 98.095 billion U.S. dollars. Indonesia's foreign exchange reserves have reached a record
124.6 billion U.S. dollars in August 2011.