Indonesia’s foreign exchange reserves position jumped to US$107.5 billion as of end-March 2016, up from the end- February 2016 level registered at $104.5 billion. The increase was attributable to foreign exchange receipts, primarily from the issuance of government global sukuk and auction of Bank Indonesia (BI) foreign exchange bills, which are more than outweighed the use of foreign exchange for government foreign debt payments. The reserve position at the end- March 2016 can adequately cover 8.0 months of imports or 7.8 months of imports and servicing of government external debt repayment, well above the international standards of reserves adequacy at 3 months of imports. BI considers the position of official reserve assets is able to strengthen the resilience of the external sector and maintain the sustainability of Indonesian economic growth.