No.23/ 138 /DKom
Indonesia’s
official reserve assets remained high at USD136.4 billion as
of end-May 2021, despite declining from USD138.8 billion as
of end-April 2021. 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 decrease of official reserve
assets in May 2021 was influenced, amongst others, by the government’s external
debt payment. 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, 8th June 2021
Head
of Communication Department
Erwin
Haryono
Executive Director
Information about Bank Indonesia
Tel. 021-131, Email: bicara@bi.go.id
