Jakarta, Oct. 7 -- The Indonesian rupiah strengthened by 12 points, or 0.07 percent, to Rp17,887 per US dollar on Wednesday, supported by Indonesia's continued strong foreign exchange reserves.

Analyst at the Indonesian Commodity and Derivatives Exchange (ICDX) Muhammad Amru Syifa said Indonesia's foreign exchange reserves stood at US$146.3 billion at the end of September, slightly down from US$146.5 billion at the end of August.

"The reserves covered 5.3 months of imports or 5.2 months of imports and the government's external debt servicing, exceeding the international adequacy benchmark of about three months," he told ANTARA.

According to Syifa, the rupiah's positive performance on Wednesday was supported by Indonesia's stable extern...