Indonesia’s FX Reserves Increased to US$149.9 Billion in October despite Rupiah Weakness
Indonesia’s foreign exchange reserves increased to US$149.9 billion in October 2025 from US$148.7 billion in September 2025. The increase was driven by the government’s issuance of global bonds, as well as tax and service receipts, amid Bank Indonesia’s exchange rate stabilization measures to manage global financial market uncertainties. The position of foreign exchange reserves at the end of October 2025 was sufficient to finance 6.2 months of imports or 6.0 months of imports and government external debt payments, well above the international adequacy standard of around three months of imports.