​​​No. 25/115​/DKOM  

Indonesia's official reserve assets position remained high at USD144.2 billion as of end-April 2023, despite slightly lower than USD145.2 billion as of end-March 2023. The decrease of official reserve assets position in April 2023 was influenced, amongst others, by the obligation of government external debt repayments and foreign currency liquidity needs in line with the anticipation due to National Religious Holidays.

The position of official reserve assets was equivalent to finance 6.4 months of imports or 6.3 months of imports and servicing government's external debt, and well above the international adequacy standard of three months imports. Bank Indonesia considers the official reserve assets position ample to support the external resilience and maintain macroeconomic and financial system stability.

Moving forward, Bank Indonesia views that the official reserve assets remain adequate, supported by the stability and solid domestic economic outlook, in line with the policy responses to maintain macroeconomic and financial system stability bolstering the economic recovery. 

Jakarta, 8th May 2023 

Communication Department

Erwin Haryono

Executive Director