Indonesia's foreign exchange reserves climbed to USD 157.1 billion in March 2025, an increase from USD 154.5 billion in February. This represents a record high, supported by strong inflows from tax and service revenues, along with foreign loans secured by the government. This growth has been achieved even as Bank Indonesia continues its efforts to stabilize the rupiah amidst enduring uncertainty in global financial markets. These interventions by the central bank highlight the delicate balance it maintains between stabilizing the currency and accumulating reserves in today's unpredictable global landscape.