FX.co ★ Indonesia’s FX Reserves Dip to $151.9B in February, Easing From January Peak

Indonesia’s foreign exchange reserves declined in February 2026, slipping to $151.90 billion from $154.60 billion in January 2026, according to data updated on 6 March 2026. The move marks a pullback from the previous month’s level, which had represented a recent high.

The moderation in reserves suggests a reduction of $2.70 billion over the month of February. While no official explanation was provided in the released figures, such changes in reserve levels typically reflect a combination of factors, including external debt payments, foreign exchange market operations, and valuation effects.

Despite the month-on-month decrease, Indonesia’s reserves remain substantial in absolute terms, continuing to serve as a key buffer for the country’s external stability and its ability to meet short-term foreign obligations.