Indonesia's foreign exchange reserves hit record high

Indonesia's foreign exchange reserves amounted to $157.1 billion at the end of March 2025, up from $154.5 billion the previous month, according to Bank Indonesia.Foreign exchange reserves have been boosted by higher tax and service revenues and the government's recovery of foreign loans; Indonesia's requirement that natural resource exporters keep 100% of their dollar-denominated profits in the country for at least one year has also helped stabilize foreign exchange reserves. Foreign exchange reserves can cover 6.7 months of imports, or 6.5 months of imports and government foreign debt repayment, much higher than the international standard of three months of imports, which can support the external sector's resilience and maintain macroeconomic and financial system stability. RBI believes that foreign exchange reserves are sufficient to support external sector stability amid an optimistic export outlook, a capital and financial account projected to remain in surplus, and positive investor perceptions of Indonesia's economic outlook and investment returns. RBI will also continue to strengthen synergies with the government to enhance external resilience and safeguard economic stability and sustainable growth.