Indonesia logs USD785m trade surplus


(MENAFN) The head of the Indonesian National Statistics Bureau said that the country's registered a trade surplus in February, Xinhua reported



The trade surplus in the month hit USD785.3 million following a deficit of USD430.6 million in the month before it



Exports in February dropped by 2.9 percent to USD14.57 billion, while imports fell by 9.98 billion to USD13.78 billion



National Statistics Bureau head said: "BI rate (the central bank interest rate) and weak rupiah rose cost of import that trimmed it.


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.