FX.co ★ Indonesia Forex Reserves Largest in 3 Months

Indonesia's foreign exchange reserves experienced an uptick in November 2025, reaching USD 150.1 billion, up from USD 149.9 billion in the preceding month. This represents the highest reserve level since August. The increase was largely fueled by tax and service revenues alongside foreign loan withdrawals by the government. These developments occur as Bank Indonesia implements measures to stabilize the rupiah amidst uncertainties in the global financial market. The current reserve level can adequately cover 6.2 months of imports, or 6.0 months when considering external government debt repayments, surpassing the international adequacy benchmark of approximately three months of imports. Looking forward, Bank Indonesia anticipates sustained external-sector resilience, supported by a robust export forecast and continuous foreign investment inflows. This outlook underscores positive investor sentiment towards Indonesia's domestic economic landscape and the allure of its investment returns.