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 | % | |
|---|---|---|---|
| Inflasi yoy (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.059 | +0.08 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |