Indonesia's reserves as of December last year has reached highest level at 66.1 billion U.S. dollars, or equals to 6.6-month imports and government's foreign debt payment, the detik.com reported here on Wednesday.
The acting Indonesian Central Bank Governor Darmin Nasution said that the increasing reserve was due to the improving export following the economy recovery in global market.
"It was helped by the imports which were down from the initial expectation," Darmin said.
He furthermore predicted that Indonesia's reserves may reach 76 billion U.S. dollars by the end of the year, or equals to 6.4- month imports and foreign debt payments.