Indonesia’s foreign exchange reserves declined by 1.02% MoM to US$154.5 billion in February 2025 from US$156.1 billion in January 2025. It was influenced by government foreign debt payments and rupiah exchange rate stabilization policies in response to persistently high global financial market uncertainties. Nevertheless, the current level of foreign exchange reserves remains high, equivalent to 6.6 months of imports or 6.4 months of imports and government foreign debt payments. It stands above the international adequacy standard of approximately 3 months of imports.