Indonesia's Foreign Exchange Reserves Continue Downward Trend, at $146.2 Billion in April

JAKARTA – Indonesia’s foreign exchange reserves at the end of April 2026 were recorded at $146.2 billion, down from $148.2 billion at the end of March 2026. Indonesia’s foreign exchange reserves have consistently declined throughout the first quarter of 2026.

Bank Indonesia’s Director of the Communications Department, Ramdan Denny Prakoso, stated that the value of foreign exchange reserves in April 2026 was influenced by tax and service receipts, as well as the government’s issuance of global bonds, amid government foreign debt payments and policies to stabilise the Rupiah exchange rate.

“These stabilisation policies are Bank Indonesia’s response to increasing uncertainties in the global financial markets,” he said in a statement on Friday (8/5/2026).

The position of foreign exchange reserves 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. This value is also above the international adequacy standard of around 3 months of imports.

Bank Indonesia assesses that these foreign exchange reserves are sufficient to support the resilience of the external sector and maintain macroeconomic stability and financial system stability.

“Going forward, Bank Indonesia believes that external sector resilience will remain strong, supported by adequate foreign exchange reserves and inflows of foreign capital in line with positive investor perceptions of the national economic outlook and attractive investment returns,” he said.

Bank Indonesia is also continuing to enhance synergies with the Government to strengthen external resilience in order to maintain economic stability and support sustainable economic growth.