Investor Presentaiton
Ample Lines of Defense Against External Shocks
Ample Reserves
FX Reserve
Ample level of FX reserves to buffer against external shock
FX Reserves as of of November 2020: US$133.6 bn
Swap Arrangement
Japan
Bilateral
Regional
Global
South Korea
Australia
Singapore
China
Malaysia
ASEAN Swap
Arrangement (ASA)
Chiang Mai
Initiative
Multilateralization
(CMIM) Agreement
IMF Global
Financial Safety
Net - GSFN
Source: Bank Indonesia
Renewed a 3 year USD22.76 billion swap line with Japan on October 14th, 2018
The facility is available in USD and JPY
• Renewed a 3 year KRW / IDR swap arrangement with the size of up to KRW 10.7 trillion IDR 115 trillion in March 2020
• Renewed a 3 year A$/IDR swap arrangement of up to A$10 billion or IDR 100 trillion in August 2018
• Renewed a one year SGD/IDR swap arrangement with a size up to USD10 billion (equivalent) in November 2020
Renewed a 3 year swap arrangement and increased the size of swap line up to CNY 200 bn / USD 30 billion in
November 2018
Established a 3 year RM/IDR swap arrangement with a size up to USD2 billion (equivalent) in September 2019
Entitled to a maximum swap amount of USD600 million under ASA
The first MoU on the ASA was signed in 1977 among 5 ASEAN Central Banks with total facility USD100 million
Doubled to USD2 billion in 2005
Entitled to a maximum swap amount of US$ 22.76 bn under the ASEAN+3 (Japan, China, and Korea) FX reserves pool
created under the agreement
•
Came into effect in 2010 with a pool of US$120 bn and
• Doubled to US$240 bn effective July 2014
Indonesia is entitled to access IMF facilities for crisis prevention to address potential (actual) BOP problem
•
Such facilities include Flexible Credit Line (FCL) and Precautionary and Liquidity Line (PLL)
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