No. 25/328/DKOM
The position of reserve assets in Indonesia stood at USD138.1 billion as of end-November 2023, increased from USD133.1 billion as of end-October 2023. The gain of official reserves assets in November 2023 was underpinned, amongst others, by the issuance of global sukuk and foreign loan withdrawal by the Government, as well as tax and service receipts. The position of reserve assets is equivalent to 6.3 months of imports or 6.1 months of imports and servicing government's external debt, which is well above the international adequacy standard of around three months of imports. Bank Indonesia considers that the current level of reserve assets is able to support external sector resilience as well as maintain macroeconomic and financial system stability.
Moving forward, Bank Indonesia views that reserve assets will remain ample, supported by stability and maintained economic outlook, in line with the policy mix responses to preserve macroeconomic and financial system stability to bolster sustainable economic growth.
Jakarta, 7 Desember 2023
Departemen Komunikasi
Erwin Haryono
Direktur Eksekutif