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Bank Indonesia reports $152.6 billion in forex reserves, enough for 6 months of imports

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Jakarta Globe - July 7, 2025

Arnoldus Kristianus, Jakarta – Bank Indonesia reported on Monday that the country's foreign exchange reserves stood at $152.6 billion as of June 2025, a slight increase from $152.5 billion recorded in the previous month.

According to Ramdan Denny Prakoso, Head of Bank Indonesia's Communication Department, the current reserve level is sufficient to finance six months of imports and cover the government's foreign debt obligations – well above the international adequacy standard of around three months of imports.

The increase in reserves was attributed to revenue from taxes and services, as well as proceeds from the government's global bond issuance. This came amid Bank Indonesia's ongoing efforts to stabilize the rupiah in response to persistent global financial market volatility.

"Bank Indonesia believes the current level of reserves is adequate to support external sector resilience and help maintain macroeconomic and financial system stability," Ramdan said in a statement.

Meanwhile, according to projections from the Ministry of Finance, the government will need to allocate Rp 295 trillion (approximately $18 billion) over the next six months for interest payments alone. The total interest burden for both domestic and foreign debt this year is estimated at around $34 billion.

Source: https://jakartaglobe.id/business/bank-indonesia-reports-1526-billion-in-forex-reserves-enough-for-6-months-of-import

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