Indonesia foreign reserves fall to $144.9 billion in May
BI said the level still covered 5.6 months of imports, despite pressure from government debt payments and rupiah intervention.
Indonesia's foreign exchange reserves at the end of May 2026 fell to $144.9 billion, from $146.2 billion at the end of April. Bank Indonesia said the $1.3 billion decline came amid government external debt payments and steps to stabilize the rupiah exchange rate, while global financial market uncertainty remained high and domestic foreign-currency demand rose seasonally. The drop came despite additional foreign exchange from the government's global bond issuance as well as tax and services receipts. BI said the reserve position remained strong because it was equivalent to financing 5.6 months of imports, or 5.5 months of imports and government external debt payments, above the international adequacy standard of around three months of imports.