Foreign Exchange Reserves Fall to 144.9 Billion US Dollars in May 2026

US dollar and rupiah (Photo: dok. Antara)

Bank Indonesia (BI) revealed that Indonesia's foreign exchange reserves position at the end of May 2026 was recorded at 144.9 billion US dollars, lower than the position at the end of April 2026 of 146.2 billion US dollars.

BI Communication Department Executive Director Ramdan Denny Prakoso said this decline was influenced by the issuance of government global bonds as well as tax and service receipts, amid government foreign debt payments.

"The Indonesian Bank's rupiah exchange rate stabilization policy is a response to high uncertainty in global financial markets and seasonal foreign exchange demand from the domestic," he said in a statement, Monday, June 8.

Overall, the foreign exchange reserves position at the end of May 2026 remained strong, equivalent to 5.6 months of import financing or 5.5 months of import and government external debt payments, and above the international adequacy standard of around 3 months of imports.

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

Looking ahead, Denny said Bank Indonesia believes that the resilience of the external sector remains good supported by an adequate foreign exchange reserve position and foreign capital inflows in line with investors' positive perceptions of the prospects for the national economy and investment returns that remain attractive.

"Bank Indonesia continues to increase synergy with the Government in strengthening external resilience to maintain economic stability to support sustainable economic growth," he explained.