FX.co ★ Indonesia’s FX Reserves Slip to $148.2 Billion in March 2026

Indonesia’s foreign exchange reserves declined in March 2026, easing to $148.20 billion from $151.90 billion recorded in February 2026, according to the latest data released on 8 April 2026.

The March reading marks a drop of $3.7 billion over the month, signaling a moderation in the country’s external buffer after previously higher levels. While no specific drivers were provided, movements in foreign reserves typically reflect a combination of external debt payments, central bank interventions in the currency market, and valuation changes in reserve assets.

Despite the monthly decrease, the current level of $148.20 billion still represents a substantial stockpile, providing Indonesia with a meaningful cushion against external shocks and supporting confidence in the country’s ability to meet its international obligations.