Indonesia’s foreign exchange reserves rose to USD 149.9 billion in October 2025, from a fourteen-month low of USD 148.7 billion in the previous month. The increase was primarily driven by government bond issuance, as well as tax and service receipts, amid Bank Indonesia’s rupiah stabilization measures in response to persistently high global financial market uncertainty. The current level is sufficient to cover 6.2 months of imports, or 6.0 months when accounting for the government’s external debt repayments, well above the international adequacy benchmark of around three months of imports. Looking ahead, Bank Indonesia expects external sector resilience to remain strong, underpinned by sustained export performance and continued foreign investment inflows. This outlook reflects positive investor sentiment toward Indonesia’s economic prospects and competitive investment returns.