Jakarta. Indonesia’s foreign exchange reserves rose to $156.5 billion at the end of December 2025, up from $150.1 billion a month earlier, driven by stronger fiscal inflows and government financing.

“The increase in foreign exchange reserves was mainly sourced from tax and services receipts, the government’s global sukuk (Islamic bonds) issuance, and the drawdown of government loans,” Bank Indonesia Executive Director for Communication Ramdan Denny Prakoso said in a statement on Thursday.

The December reserve position was equivalent to 6.4 months of imports, or 6.3 months of imports and government external debt servicing, well above the international adequacy benchmark of around three months of imports.

“At this level, foreign exchange reserves are adequate to support the resilience of the external sector and maintain macroeconomic and financial system stability,” Ramdan said.

Looking ahead, Bank Indonesia expects Indonesia’s external position to remain sound, supported by ample reserves and continued foreign capital inflows.

“The resilience of the external sector is projected to remain strong, in line with positive investor perceptions of Indonesia’s economic prospects and investment returns that remain attractive,” he said.

Ramdan added that the central bank will continue to strengthen coordination with the government to bolster external resilience and safeguard economic stability in support of sustainable economic growth.