Foreign Exchange Reserves In February 2025 Drop To 154.5 Billion US Dollars

JAKARTA - Bank Indonesia (BI) revealed that the position of Indonesia's foreign exchange reserves at the end of February 2025 reached 154.5 billion US dollars, or decreased when compared to the position at the end of January 2025 of 156.1 billion US dollars.

Executive Director of the BI Communication Department Ramdan Denny Prakoso said the decline was influenced by the payment of government foreign debt and the policy of stabilizing the Rupiah exchange rate in response to Bank Indonesia in dealing with global financial market uncertainty which remained high.

"The position of foreign exchange reserves at the end of February 2025 is equivalent to financing 6.6 months of imports or 6.4 months of imports and payment of government foreign debt, and is above the international adequacy standard of around 3 months of imports," he said in his statement, Friday, March 7.

Denny conveyed that Bank Indonesia assessed that foreign exchange reserves were able to support the resilience of the external sector and maintain macroeconomic and financial system stability.

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

Denny said 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 prospect of the national economy and attractive investment returns, supporting maintained external resilience.

"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," he explained.