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Article: INDONESIA'S FOREIGN EXCHANGE RESERVES ARE SAFE: CENTRAL BANK.
- Article from:
- AsiaPulse News
- Article date:
- October 6, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAKARTA, Oct 6 Asia Pulse - Senior Deputy Governor of Bank Indonesia (BI) Miranda S Goeltom said Indonesia's foreign exchange reserves were still at a safe position so that there was no need to worry about the U.S. financial crisis.
"Up to now, the position of the country's foreign exchange reserves is still at very safe level," the central bank senior deputy said here on Sunday.
She said fluctuation in foreign exchange reserves were something normal as far as it did not experience a drastic drop.
Miranda said the central bank would continue to maintain foreign exchange reserves in order to guarantee that the country's economy would remain ...