AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
SURGING GLOBAL CRUDE PRICES LIFT INDONESIA'S FOREX RESERVES.
JAKARTA, Nov 1 Asia Pulse - The current surge in global crude prices has had a positive impact on Indonesia's trade balance and foreign exchange reserves, a central bank (BI) official said.
Foreign exchange reserves rose 2.6 per cent to US$54.3 billion on Oct 29 from US52.875 billion on Sept 28, Bank Indonesia Senior Deputy Governor Miranda S Goeltom said in a round table discussion here on Wednesday.
According to the central bank's simulation, any increase of US$1 a barrel in the fourth quarter of 2007 would contribute US$23.3 million to the current account surplus and US$35.6 million to the foreign exchange reserves per quarter, she said.
In 2008, it would contribute US$27.1 million to the current account surplus and US$36.3 million to the foreign exchange reserves per quarter, she said.
...- CHINA'S FOREIGN EXCHANGE RESERVES HIT RECORD HIGH.
- News wire article from: AsiaPulse News January 18, 2007 700+ words
...record high in 2006. The foreign exchange reserves reached US$1.0663...first time that China's foreign exchange reserves were confirmed to exceed...the central bank. High foreign exchange reserves have again aroused great...
- Taiwan's foreign exchange reserves hit fresh high for 20th month.
- News wire article from: Asia Africa Intelligence Wire May 6, 2003 700+ words
...CENS)--Taiwan's foreign exchange reserves in April rose to a fresh...month that the island's foreign exchange reserves hit a fresh high, the central bank said. April's foreign exchange reserves also represent an increase...
- China's foreign exchange reserves up $21.4 billion in March.
- News wire article from: The America's Intelligence Wire April 14, 2006 700+ words
...HONG KONG (MarketWatch) - China's foreign exchange reserves rose $21.4 billion during March...overtaking Japan as the world's largest foreign exchange holder. China's foreign exchange reserves reached $818.9 billion at the end...
- Taiwan's foreign exchange reserves hit record high for 19th month.
- News wire article from: Asia Africa Intelligence Wire April 7, 2003 700+ words
...CENS)--Taiwan's foreign exchange reserves in March rose to a record...month that the island's foreign exchange reserves hit a fresh high, the...interest income from its foreign exchange reserves and to favorable foreign...
- Domestic holdings of US Treasuries up by $300 m in March: The increase in US...
- News wire article from: Asia Africa Intelligence Wire May 19, 2004 700+ words
...However, the increase in US Treasury security investments was inconsistent with the rise in the foreign exchange reserves. Foreign exchange reserves in March this year, increased by a little over $5 billion. Bankers said that this inconsistency...
- CHINA'S MASSIVE FOREIGN EXCHANGE RESERVES AROUSE DEBATE.
- News wire article from: AsiaPulse News October 30, 2006 700+ words
...Asia Pulse - China's foreign exchange reserves will break the US$1...US$987.9 billion of foreign exchange reserves at the end of September...year. The country's foreign exchange reserves rose by US$18.77 billion...
- China considers measures to slow increase in foreign exchange reserves.
- Newspaper article from: BBC Monitoring International Reports October 29, 2006 700+ words
...29 October: China's foreign exchange reserves will burst the 1 trillion...987.9bn US dollars of foreign exchange reserves at the end of September...year. The country's foreign exchange reserves rose by 18.77bn US dollars...
- US$ falls in Taiwan's foreign exchange reserves holdings: Perng.
- News wire article from: Asia Africa Intelligence Wire April 17, 2003 700+ words
...portion of Taiwan's foreign exchange reserves, thought its portion...composition of the island's foreign exchange reserves. The euro and the Japanese...components of the island's foreign exchange reserves, Perng said Perng told...
- TAIWAN'S FOREIGN EXCHANGE RESERVES WILL CONTINUE GROWING: CBC.
- News wire article from: AsiaPulse News February 9, 2004 700+ words
...Asia Pulse - Taiwan's foreign exchange reserves might continue to increase...the level of Taiwan's foreign exchange reserves will continue to rise...926 billion worth of foreign exchange reserves as of the end of January...
- Foreign exchange reserves up. (Israel)
- Magazine article from: ICEN December 14, 1990 700+ words
Foreign Exchange Reserves Up Israel's foreign exchange reserves rose by $1.03 billion in November, reaching $5.23 billion. The primary cause was the receipt of $1.2 billion annual aid from the U.S. Moreover, the private sector continued...
Source: HighBeam Research, SURGING GLOBAL CRUDE PRICES LIFT INDONESIA'S FOREX RESERVES.