JAKARTA (Yosefardi) – Central bank, Bank Indonesia, has today auctioned foreign exchange (FX) swap, raising US$1.99 billion.
The incoming bid totaled US$2.08 billion for the hedging instruments.
FX swap for one month period raised US$886 million, three months period absorbed US$635 million and six months period raised US$475 million.
In 2 weeks earlier, BI had raised US$1.28 billion from FX swap auction.