Jakarta – Indonesia’s foreign exchange reserves increased at the end of June 2025, reflecting the solid resilience of the national economy amidst global dynamics that have not yet fully recovered. Bank Indonesia (BI) recorded a slight increase in Indonesia’s foreign exchange reserves from USD 152.5 billion in May 2025 to USD 152.6 billion. This increase stemmed from tax and service revenues and the issuance of government global bonds.
The Head of the BI Communication Department, Ramdan Denny Prakoso, explained that the foreign exchange reserves were adequate to support external sector resilience and national macroeconomic stability.
“The foreign exchange reserves at the end of June 2025 were equivalent to financing 6.4 months of imports or 6.2 months of imports and servicing government foreign debt, and were above the international adequacy standard of around three months of imports,” Ramdan stated.
According to him, this stability is in line with the maintained export outlook and the projected capital and financial account surplus.
“Investors’ positive perceptions of the domestic economic outlook and attractive investment returns have also strengthened this condition,” explained Ramdan.
From the banking perspective, Bank Mandiri Chief Economist Andry Asmoro emphasized that despite calmer global conditions, international trade risks still loom. The current calm market has also contributed to the strengthening of the rupiah and is one of the factors contributing to the moderate increase in national foreign exchange reserves.
“These calmer global conditions support the strengthening of the rupiah and have contributed to the moderate increase in foreign exchange reserves,” said Andry.
He explained that the improvement in market sentiment emerged after several countries, such as Vietnam and the UK, successfully reached trade agreements with the United States ahead of the deadline.
“This initial agreement provides temporary relief from market uncertainty,” he added.
However, Andry emphasized that global investors remain cautious. This is inseparable from US President Donald Trump’s confirmation that reciprocal tariffs against a number of countries will take effect on August 1, 2025.
Previously, US Treasury Secretary Scott Bessent stated that tariffs would revert to the April 2 levels for countries that fail to reach a new trade agreement. This situation requires Indonesia to remain vigilant in maintaining economic stability. The current strengthening of foreign exchange reserves is clear evidence that the national economy has a strong foundation to withstand ongoing global pressures. ()
[edRW]
