Indonesia’s foreign exchange reserves decreased by 2.93% MoM to US$ 152.5 billion in April 2025, down from US$ 157.1 billion in March 2025. This decline was primarily driven by government external debt repayments and currency stabilization measures in response to heightened global financial market uncertainty. Despite the decrease, the current level of reserves remains robust, equivalent to the financing of 6.4 months of imports or 6.2 months of imports, and government external debt payments are well above the international adequacy standard of approximately 3 months of imports.