World Business
Indonesia's foreign reserve reaches $71b
(Xinhua)
Updated: 2010-04-08 14:51
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JAKARTA - Indonesia's foreign exchange reserve reached $71.8 billion?as of last week, the central bank announced in a statement on Thursday.
In early March, the central bank announced that the country's state reserve stood at $69.7 billion.
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The huge capital inflow helped strengthen rupiah, the government bond and stock.
Rupiah was traded at 9,064 on Thursday.
Indonesia's export is predicted to rebound to over 8.5 percent this year after reaching $116.5 billion?in 2009, with a trade surplus of 151 percent to $19.63 billion from that of in 2008, according to the Trade Ministry.
