BI Records Foreign Exchange Reserves of USD148.2 Billion in March 2026

Indonesia’s foreign exchange reserves position at the end of March 2026 remained high at USD148.2 billion, despite a decline compared to the end-of-February 2026 position of USD151.9 billion. This development was influenced by the government’s global bond issuance and receipts from taxes and services amid government external debt payments and rupiah exchange rate stabilisation policies. The stabilisation policy served as Bank Indonesia’s response to heightened global financial market uncertainties. The foreign exchange reserves position at the end of March 2026 is equivalent to financing 6.0 months of imports or 5.8 months of imports and government external debt payments, and it is above the international adequacy standard of around 3 months of imports. Bank Indonesia assesses that these foreign exchange reserves are capable of supporting external sector resilience as well as maintaining macroeconomic stability and the financial system. Looking ahead, Bank Indonesia believes that external sector resilience will remain strong, supported by an adequate foreign exchange reserves position 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.