Investor Presentaiton
Global
Regional
Ample Lines of Defense Against External Shocks
Ample Reserves
FX Reserve
Swap Arrangement
Bilateral
Ample level of FX reserves to buffer against external shock
FX Reserves as of of July 2020: US$137.0 bn
Japan
South Korea
Australia
Singapore
•
Renewed a 3 year USD22.76 billion swap line with Japan on October 14th, 2018
The facility is available in USD and JPY
Renewed a 3 year KRW / IDR swap arrangement with the size of up to KRW 10.7 trillion / IDR 115 trillion in March 2020
Renewed a 3 year A$/IDR swap arrangement of up to A$10 billion or IDR 100 trillion in August 2018
• Renewed a one year SGD/IDR swap arrangement with a size up to USD10 billion (equivalent) in November 2019
China
Malaysia
•
Renewed a 3 year swap arrangement and increased the size of swap line up to CNY 200 bn / USD 30 billion in
November 2018
Established a 3 year RM/IDR swap arrangement with a size up to USD2 billion (equivalent) in September 2019
ASEAN Swap
Arrangement (ASA)
Chiang Mai Initiative
Multilateralization
(CMIM) Agreement
IMF Global Financial
Safety Net - GSFN
Entitled to a maximum swap amount of USD600 million under ASA
The first MoU on the ASA was signed in 1977 among 5 ASEAN Central Banks with total facility USD100 million
Doubled to USD2 billion in 2005
Entitled to a maximum swap amount of US$ 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)
Source: Bank Indonesia
54
BHINNEKAView entire presentation