BI: Indonesia may have trade balance surplus of $785 million in December

By admin
Posted 17 January 2014 | 05:11

Insider Stories - Indonesia Central Bank (BI) has forecast the countrys balance of trade to record a surplus of US$785 million in the whole year in December, up from $776.8 million the month before, BI Governor Agus Martowardojo said In the second quarter last year, the deficit in the current account topped its historic high of $9.8 billion, equivalent to 3.8 percent of gross domestic product (GDP), exerting pressure on the rupiah and triggering capital outflows. Meanwhile, the...
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