Indonesia's economic liquidity or money supply in a broad sense (M2) in July 2021 continued to grow well, according to central bank Bank Indonesia.

"The M2 position in July 2021 was recorded at 7,149.2 trillion rupiahs (about 496 billion U.S. dollars), a 8.9 percent increase year-on-year," said Erwin Haryono, head of the communication department of Bank Indonesia in a statement on Wednesday.

Haryono pointed out that the M2 growth in July 2021 was mainly influenced by net foreign assets and lending distribution. Meanwhile, net receivables to the central government grew by 38.7 percent year-on-year.