Debt Servicing and Rupiah Stabilisation: February 2026 Foreign Exchange Reserves Fall to US$151.9 Billion

Bank Indonesia (BI) reported that Indonesia’s foreign exchange reserves position at end-February 2026 declined versus the previous month. The reserves stood at US$151.9 billion, down US$2.7 billion from January 2026, which amounted to US$154.6 billion. Ramdan Denny Prakoso, Executive Director of BI’s Department of Communications, said the decline was due to several factors such as receipts from taxes and services and government external debt borrowing amid repayments of government external debt. Despite the decline, BI assessed that the reserves position remains able to support external sector resilience as well as macroeconomic and financial system stability. The end-February 2026 reserves position equates to financing of 6.1 months of imports or 5.9 months of imports and government external debt payments. The foreign exchange reserves in this period also were above the international adequacy standard of around 3 months of imports. Looking ahead, he added, the central bank believes external resilience remains robust, supported by adequate foreign exchange reserves and inflows of foreign capital consistent with positive investor sentiment toward the national economy and investment yields that remain attractive. ‘Bank Indonesia continues to strengthen synergy with the government in strengthening external resilience to maintain the stability of the economy to support sustainable economic growth,’ he said.