Indonesia's Forex Reserves Rise to US$145.6 Billion in June
Summarized and contextualized by DistantNews.
At a glance
- Indonesia's foreign exchange reserves increased to $145.6 billion by the end of June 2026, up $700 million from the previous month.
- The rise was primarily driven by tax and services receipts, despite government debt payments and central bank interventions to stabilize the rupiah.
- The current reserves are considered adequate, covering 5.5 months of imports and supporting external sector resilience.
Indonesia's foreign exchange reserves saw a notable increase, reaching $145.6 billion at the close of June 2026. This represents a $700 million rise from the $144.9 billion recorded in May, according to Bank Indonesia.
Bank Indonesia Executive Director of Communications Ramdan Denny Prakoso stated that the growth was mainly fueled by tax and services receipts. These inflows helped offset external debt repayments by the government and interventions by the central bank in the foreign exchange market. These interventions were undertaken to stabilize the rupiah amidst global financial market uncertainties.
Prakoso emphasized that the current level of reserves remains sufficient to bolster Indonesia's external sector resilience and maintain macroeconomic and financial system stability. The reserves are equivalent to financing 5.5 months of imports, or 5.4 months when including government external debt payments, comfortably exceeding the international benchmark of around three months.
Looking ahead, Bank Indonesia anticipates continued resilience in the country's external sector. This outlook is supported by ample foreign exchange reserves and ongoing foreign capital inflows, which reflect a positive investor assessment of Indonesia's economic prospects and investment opportunities. The central bank plans to continue close coordination with the government to further strengthen external resilience and ensure economic stability for sustainable growth.
The development of the foreign exchange reserves position in June 2026 was mainly influenced by tax and service receipts amid the government's foreign debt payments and Bank Indonesia's exchange rate stabilization policy in response to the high uncertainty in the global financial markets.
Originally published by Tempo. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.