BI: Foreign exchange reserves fall to $146.2 billion amid rupiah stabilisation

Jakarta (ANTARA) - Bank Indonesia (BI) recorded foreign exchange reserves of $146.2 billion in April 2026, a decrease of $2 billion from the previous month amid government foreign debt payments and policies to stabilise the rupiah exchange rate. This decline occurred despite additional foreign exchange inflows from tax and service receipts as well as government global bond issuances. Previously, the foreign exchange reserves at the end of March 2026 were recorded at $148.2 billion. “These stabilisation policies are Bank Indonesia’s response to increasing uncertainty in global financial markets,” said Executive Director of BI’s Communications Department, Ramdan Denny Prakoso, in his statement in Jakarta on Friday. According to him, the foreign exchange reserves position at the end of April 2026 is equivalent to financing 5.8 months of imports or 5.6 months of imports and government foreign debt payments, and is above the international adequacy standard of around 3 months of imports. BI assesses that these reserves are capable of supporting external sector resilience as well as maintaining macroeconomic stability and financial system stability. The central bank also believes that going forward, external sector resilience will remain strong, supported by adequate foreign exchange reserves and foreign capital inflows in line with positive investor perceptions of the national economic prospects and attractive investment returns. “Bank Indonesia continues to enhance synergy with the government in strengthening external resilience to maintain economic stability in support of sustainable economic growth,” said Ramdan.