FX.co ★ Indonesia Forex Reserves Rise in October

In October 2025, Indonesia's foreign exchange reserves increased to USD 149.9 billion, up from a fourteen-month low of USD 148.7 billion in September. This rise was mainly due to government bond issuance, alongside tax and service receipts, amid efforts by Bank Indonesia to stabilize the rupiah in the face of ongoing high uncertainty in global financial markets. The current reserves are ample, covering 6.2 months of imports, or 6.0 months when including the government’s external debt repayments, significantly surpassing the international benchmark of around three months of imports. Looking forward, Bank Indonesia anticipates continued strength in external sector resilience, buoyed by robust export performance and ongoing inflows of foreign investment. This positive outlook is a testament to the favorable investor sentiment regarding Indonesia's economic future and its attractive investment returns.