Foreign Exchange Reserves May 2025 Reach 152.5 Billion US Dollars

Foreign Exchange Reserves (Photo: Antara)

JAKARTA - Bank Indonesia (BI) revealed that the position of Indonesia's foreign exchange reserves at the end of May 2025 remained high at 152.5 billion US dollars, or stable compared to the position at the end of April 2025 of 152.47 billion US dollars.

Executive Director of the BI Communication Department, Ramdan Denny Prakoso, said that the development was influenced, among other things, by tax and service receipts as well as receipts of oil and gas foreign exchange, amid the need for 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 that remains high.

"The position of foreign exchange reserves at the end of May 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 around 3 months of imports," he said in his statement, Tuesday, June 10.

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 adequate foreign exchange reserves to support the resilience of the external sector in line with the prospect of maintaining exports, the balance of capital and financial transactions that are predicted to continue to record a surplus, as well as a positive perception of investors regarding domestic economic prospects 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.