Indonesia’s foreign exchange reserves rose to USD 145.6 billion in June 2026, up from a near two-year low of USD 144.9 billion in May. The modest increase was mainly driven by tax and services revenues, which more than offset government external debt repayments and Bank Indonesia’s rupiah stabilization measures amid ongoing uncertainty in global financial markets.
The reserve position remained solid, covering 5.5 months of imports or 5.4 months of imports plus government external debt servicing, significantly above the commonly cited adequacy benchmark of around three months. Bank Indonesia noted that the current level of reserves is sufficient to support external sector resilience and to help maintain macroeconomic and financial system stability.
Looking ahead, the central bank expects Indonesia’s external resilience to remain robust, supported by adequate reserve buffers and continued foreign capital inflows.
