No. 24/125/DKom
Indonesia’s official reserve assets remained high at USD135.7 billion as of end-April 2022, despite lower than USD139.1 billion as of end-March 2022. The decrease of official reserve assets in April 2022 was
influenced, amongst others, by the obligation of government external debt
repayments and anticipation of the foreign currency liquidity needs in line
with economic activity improvement.
The position of official reserve assets was equivalent to
finance 6.9
months of imports or 6.7 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 stimulate economic
recovery.
Jakarta, 13th May 2022
Head of Communication Department
Erwin Haryono
Executive Director