Indonesia’s Foreign Exchange Reserves Slide to $145.3 Billion as Bank Indonesia Defends Rupiah

Jakarta, 7 August 2026 – Indonesia’s official foreign exchange reserves contracted to $145.3 billion at the end of July 2026, pulling back from $145.6 billion in June as the central bank continued to deploy its international buffers to stabilize the rupiah amid broader emerging market currency volatility. The decline reflects a combination of government external debt repayments and ongoing currency market intervention designed to shield domestic assets from elevated global yields and persistent foreign capital outflows.

According to monetary authorities in Jakarta, the current reserve buffer remains robust and well above international benchmarks for external sector resilience. The $145.3 billion stockpile is equivalent to 5.4 months of import financing, or 5.3 months of import coverage and government external debt servicing, significantly exceeding the standard international threshold of three months of imports. Central bank officials reiterated that the current asset reserve level is more than sufficient to safeguard macroeconomic stability and absorb potential external shocks across the financial system.