JAKARTA - Bank Indonesia (BI) revealed that the position of Indonesia's foreign exchange reserves at the end of April 2025 was 152.5 billion US dollars, or down when compared to the position at the end of March 2025 of 157.1 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 April 2025 is equivalent to financing 6.4 months of imports or 6.2 months of imports and payment of government foreign debt, and is above the international adequacy standard of about 3 months of imports," he said in his statement, Thursday, May 8.
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.
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In the future, Denny said that Bank Indonesia views the position of adequate foreign exchange reserves to support the resilience of the external sector in line with the maintained export prospects, capital and financial balance that is predicted to continue to record a surplus, as well as a positive perception of investors regarding the prospects for the national economy and attractive investment returns.
"Bank Indonesia continues to increase synergy with the government in strengthening external resilience in order to maintain economic stability to support sustainable economic growth," he explained.
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