Indonesia’s foreign exchange reserves rise to US$146.8 billion
Bank Indonesia said October’s increase was driven mainly by government foreign borrowing and receipts from taxes and services.
Indonesia held US$146.8 billion in foreign exchange reserves at the end of October 2026, Bank Indonesia said on 6 November. Reserves increased by US$500 million from US$146.3 billion at the end of September.
The central bank attributed the rise chiefly to government drawdowns of overseas loans, along with tax and services receipts. The increase came despite government external debt repayments falling due and the bank’s measures to stabilise the rupiah amid continued uncertainty in global financial markets.
Ramdan Denny Prakoso, executive director of Bank Indonesia’s communications department, said the reserves could cover 5.3 months of imports, or 5.2 months of imports and government external debt payments. That exceeded the international adequacy benchmark of around three months of imports.
Bank Indonesia assessed the reserve position as sufficient to support external resilience and macroeconomic and financial system stability. It said it remained confident about Indonesia’s external resilience, citing adequate reserves and foreign capital inflows.
The bank expected those inflows to remain supported by investors’ positive view of the national economic outlook and investment returns it described as attractive.
