BI records USD 151.9 billion in foreign exchange reserves in February 2026 - BCA Sekuritas

Indonesia’s foreign exchange reserves at the end of February 2026 remained high at USD 151.9 billion, though down from USD 154.6 billion at the end of January 2026. According to Bank Indonesia’s press release on 6 March, developments were influenced, among other things, by tax and services receipts and the government’s external debt borrowing, amid repayments of the government’s external debt and Bank Indonesia’s Rupiah stabilisation policy in response to persistent high uncertainty in global financial markets. The position of foreign exchange reserves at end-February 2026 was equivalent to financing 6.1 months of imports, or 5.9 months of imports including government external debt payments, and was above the international adequacy standard of about 3 months of imports. Bank Indonesia regards these reserves as capable of supporting external sector resilience and maintaining macroeconomic and financial system stability. Looking ahead, Bank Indonesia remains confident external resilience will stay strong, supported by adequate foreign exchange reserves and foreign capital inflows, in line with positive investor perceptions of the national economy’s prospects and attractive investment returns. Bank Indonesia continues to strengthen synergies with the Government to bolster external resilience to maintain economic stability and support sustainable growth.