Official Reserve Assets September 2020 Remained High - Bank Sentral Republik Indonesia
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October 27, 2020

No. 22/74/DKom

Indonesia’s official reserve asset stood at USD135.2 billion as of end-September 2020, remained high despite lower than USD137.0 billion as of end-August 2020. The position of official reserve assets was equivalent to finance 9.5 months of imports or 9.1 months of imports and servicing government’s external debt, and well above the international adequacy standard of three months imports. Bank Indonesia considers that the official reserve assets position was able to support the external sector resilience and maintain macroeconomic and financial system stability.

The decline in official reserve assets in September 2020 was influenced by, amongst others, the government’s external debt payments and the Rupiah exchange rate stabilization due to persistently high global financial market uncertainty. Moving forward, Bank Indonesia views that the official reserve assets remain adequate, supported by the stability and solid domestic economy outlook, in line with the policy responses to nurture economic recovery.

Head of Communication Department
Onny Widjanarko
Executive Director


Information on Bank Indonesia
Tel. 021-131, email: bicara@bi.go.id

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