Jakarta, Indonesia Sentinel — Indonesia foreign exchange reserves rose slightly to $152.6 billion at the end of June 2025, according to data released by Bank Indonesia (BI) on Monday. The figure marks a modest increase from $152.5 billion recorded in May.
Ramdan Denny Prakoso, Executive Director of BI’s Communications Department, said the uptick in reserves was driven primarily by tax and service revenues, along with proceeds from a recent government global bond issuance. The bond sale came as part of efforts to stabilize the rupiah amid ongoing global financial market volatility.
As of June, Indonesia’s reserve position is equivalent to 6.4 months of imports or 6.2 months of imports and government external debt payments—well above the international adequacy standard of around three months of imports.
“The current level of foreign reserves remains robust and capable of supporting external sector resilience, while also helping to maintain macroeconomic and financial system stability,” Ramdan stated in an official press release from Jakarta, as reported by Antara.
Bank Indonesia views the current reserves as sufficient to safeguard external sector resilience going forward. This outlook is supported by a stable export performance, expectations of a continued surplus in the capital and financial account, and positive investor sentiment toward Indonesia’s economic outlook and attractive returns on domestic assets.
Despite the positive figures, Bank Indonesia emphasized its continued coordination with the government to ensure broader economic stability.
“Bank Indonesia remains committed to strengthening its synergy with the government to enhance external resilience and support sustainable economic growth,” Ramdan added.
In addition to the rise in reserves, BI also recorded net foreign capital inflows into Indonesia’s financial markets during the first week of July. Between June 30 and July 3, net inflows reached Rp10.79 trillion (approximately $670 million).
Ramdan detailed that foreign investors added Rp15.14 trillion into the government bond (SBN) market, while there were net outflows of Rp 2.31 trillion from equities and Rp2.04 trillion from Bank Indonesia Rupiah Securities (SRBI), resulting in a net inflow of Rp10.79 trillion.
Year-to-date through July 3, 2025, foreign investors have pulled out a net Rp52.95 trillion from equities and Rp34.72 trillion from SRBI, while maintaining a net inflow of Rp53.07 trillion into government bonds.
(Raidi/Agung)
