Foreign Exchange Reserves In January 2025 Reach 156.1 Billion US Dollars, Supported By Government Debt And Tax Revenue

BANDA ACEH - Bank Indonesia (BI) reported that the position of Indonesia's foreign exchange reserves at the end of January 2025 was recorded at 156.1 billion US dollars, or an increase compared to the position at the end of December 2024 of 155.7 billion US dollars.

Executive Director of the BI Communication Department, Ramdan Denny Prakoso, said that the increase in the position of foreign exchange reserves, among others, came from the issuance of global government bonds as well as tax and service revenues amid the policy of stabilizing the Rupiah exchange rate in line with the continued uncertainty in the global financial market.

Denny conveyed that the position of foreign exchange reserves at the end of January 2025 was equivalent to financing 6.7 months of imports or 6.5 months of imports and payment of government foreign debt, and was above the international adequacy standard of around 3 months of imports.

"Bank Indonesia assesses that foreign exchange reserves are able to support the resilience of the external sector and maintain macroeconomic and financial system stability," he said in his statement, Friday, February 7.

In the future, Denny said that Bank Indonesia views adequate foreign exchange reserves to support the resilience of the external sector.

According to him, export prospects that remain positive and the balance of capital and financial transactions that are predicted to continue to record a surplus are in line with investor positive perceptions of the national economic outlook and attractive investment returns, supporting maintained external resilience.

In addition, Denny said that Bank Indonesia also continues to increase synergy with the Government in strengthening external resilience so that it can maintain economic stability in order to support sustainable economic growth.