Indonesia’s official reserve assets stood at USD137.1 billion as of end-June 2021, increased from USD136.4 billion as of end-May 2021. The position of official reserve assets was equivalent to finance  9.2 months of imports or 8.8  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 increase of official reserve assets in June 2021 was influenced, amongst others, by the Government’s Global Sukuk issuance as well as tax and services receipts. Moving forward, Bank Indonesia views that the official reserve assets remain adequate and will become an important factor for the external resilience of the national economy.

Jakarta, 7th July 2021

Head of Communication Department

Erwin Haryono

Executive Director