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Indonesia logs USD785m trade surplus
(MENAFN) The head of the Indonesian National Statistics Bureau said that the country's registered a trade surplus in February, Xinhua reported
The trade surplus in the month hit USD785.3 million following a deficit of USD430.6 million in the month before it
Exports in February dropped by 2.9 percent to USD14.57 billion, while imports fell by 9.98 billion to USD13.78 billion
National Statistics Bureau head said: "BI rate (the central bank interest rate) and weak rupiah rose cost of import that trimmed it.
The trade surplus in the month hit USD785.3 million following a deficit of USD430.6 million in the month before it
Exports in February dropped by 2.9 percent to USD14.57 billion, while imports fell by 9.98 billion to USD13.78 billion
National Statistics Bureau head said: "BI rate (the central bank interest rate) and weak rupiah rose cost of import that trimmed it.
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