FX.co ★ Indonesia Forex Reserves Fall to 14-Month Low

In September 2025, Indonesia's foreign exchange reserves fell to USD 148.7 billion, a decrease from the USD 150.7 billion recorded in August. This represents the lowest level of reserves since July 2024, primarily due to the government's repayment of foreign debt and the central bank's measures to stabilize the Rupiah amidst ongoing global financial market volatility. Currently, these reserves are sufficient to cover 6.2 months of imports or 6.0 months when including the servicing of the government's external debt, significantly surpassing the international adequacy standard of about three months of imports. Despite the reduction, the central bank has evaluated that the foreign exchange reserves maintain a robust stance, bolstering the external sector's resilience and ensuring macroeconomic and financial system stability.