Indonesia's Foreign Exchange Reserves February 2024 US$ 144.04 Billion
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Bank Indonesia recorded Indonesia's foreign exchange reserves as of early February 2024 at US$144.04 billion. This figure represents a decrease of US$1.0116 billion compared to the January 2024 foreign exchange reserves, which were recorded at US$145.05 billion.
Indonesia's current foreign exchange reserves are equivalent to 6.5 months of import financing and government foreign debt payments, and remain above the international adequacy standard of around 3 months of imports.
The decrease in foreign exchange reserves was impacted by the weakening of the Rupiah's average exchange rate in February 2024, which was recorded at 0.3 percent month-to-month (mom). The strengthening US dollar made the cost of stabilizing the Rupiah increasingly expensive, thus eroding BI's foreign exchange reserves.
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18.027 | -0.12 | |
| Neraca perdagangan (Apr) | 89,10 | -97.32 | |
| Ekspor Migas (Apr) | 1,16 | -9.81 | |
| Impor Migas (Apr) | 4,60 | +45.09 | |
| Ekspor (Apr) | 25,30 | +12.32 | |
| Impor (Apr) | 25,21 | +31.28 | |
| Kunjungan Wisman (Apr) | 1,25 | +14.75 | |
| Inflasi yoy (Mei) | 3,08% | +0.66 | |
| Inflasi mom (Mei) | 0,28% | +0.15 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Apr) | 112,29 | +0.43 |