Indonesia's forex reserves rise to US$114.3b at end-January

[JAKARTA] Indonesia's foreign exchange reserves rose to US$114.25 billion at the end of January, mainly supported by government issuance of global bonds, the central bank said on Friday.

Indonesia's foreign exchange reserves stood at US$111.86 billion at the end of December last year.

The country sold US$4 billion bonds early last month with yields of 10-year notes at 4.200 per cent and 30-year notes at 5.200 per cent.

REUTERS