Bank Indonesia's foreign exchange reserves increase to $120.7 billion in December

JAKARTA (Reuters) - Indonesia's central bank's foreign currency reserves increased to $120.7 billion in December, it said in a statement on Tuesday.

Bank Indonesia attributed the $3.5 billion increase since November "to oil and gas foreign currency receipts, global bond issuances, and the withdrawal of foreign government loans"

(Reporting by Maikel; editing by John Stonestreet)