Indonesia's foreign exchange reserves at the end of February 2025 were equivalent to financing 6.6 months of imports or 6.4 months of imports and government foreign debt payments, and were above the international adequacy standard of around three months of imports.

Jakarta (Indonesia Window) – Indonesia's foreign exchange reserves at the end of February 2025 remained high at 154.5 billion US dollars, although down compared to the position at the end of January 2025 of 156.1 billion US dollars, Bank Indonesia (BI) reported on Friday.

This development was influenced by, among others, the government's foreign debt payments and the rupiah exchange rate stabilization policy as Bank Indonesia's response to the uncertainty of the global financial market which remains high.

Indonesia's foreign exchange reserves at the end of February 2025 were equivalent to financing 6.6 months of imports or 6.4 months of imports and government foreign debt payments, and were above the international adequacy standard of around three months of imports.

According to the central bank, the foreign exchange reserves are able to support the resilience of the external sector and maintain macroeconomic and financial system stability, BI Executive Director Ramdan Denny Prakoso said in his written report.

Bank Indonesia views the position as adequate in the future to support the resilience of the external sector, Ramdan Denny Prakoso added.

The export prospect remains positive and the capital and financial account balance is predicted to continue to record a surplus, in line with positive investor perceptions of the national economic outlook and attractive investment returns, supporting the maintenance of external resilience.

The central bank also continues to increase synergy with the government in strengthening external resilience so that it can maintain economic stability in order to support sustainable economic growth.

In its capacity as central bank, Bank Indonesia is mandated with one overarching goal, namely to create and maintain rupiah stability. Towards that goal, Bank Indonesia is tasked with managing the Monetary sector, Payment System and Financial System Stability, which are integrated to ensure the overarching goal is achieved effectively and efficiently.

Reporting by Indonesia Window