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Indonesia’s forex reserves rise to 140.3 bln USD in February

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JAKARTA, March 7 (Xinhua) — Indonesia’s foreign exchange reserves increased to 140.3 billion U.S. dollars at the end of February from 139.4 billion dollars of the previous month, according to Bank Indonesia. “Tax receipts and withdrawal of government’s foreign loans had an impact on increasing the position of foreign exchange reserves in February 2023,” said … Read more

Indonesia to produce nearly 700 mln tons of coal in 2023

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JAKARTA, Dec. 20 (Xinhua) — Indonesia has targeted to raise its coal production to 694 million tons to fulfill domestic supply and export demands, the country’s Ministry of Energy and Mineral Resources announced Tuesday. “As we know that in 2022, we targeted to produce 663 million tons, and up to now the production has reached … Read more