Indonesia's foreign exchange reserves fell by 6.1 percent to 39.77 billion U.S. dollars in October from 42.35 billion in the preceding month after repaying all the remaining debts from the International Monetary Fund (IMF).

Bank Indonesia, the central bank, paid off its debts amounting to 3.2 billion dollars to the IMF in October, after paying roughly the same amount in June to end assistance with the IMF, which started to be deeply involved in the country's economy in the wake of financial crisis in 1997-98.

Despite the recent payments, the international reserves are predicted to reach 40 billion dollars by the end of the year, reported Indonesia's leading news website Detikcom.

Source: Xinhua