Jakarta - Bank Indonesia recorded Indonesia's foreign exchange reserves as of the end of September 2021 of US$146.9 billion, an increase compared to the position at the end of August 2021 of US$144.8 billion.

The position of foreign exchange reserves is equivalent to financing 8.9 months of imports or 8.6 months of imports and servicing government external debt and is above the international adequacy standard of around three months of imports.

"Bank Indonesia considers the foreign exchange reserves to be able to support external sector resilience and maintain macroeconomic and financial system stability," said Head of the BI Communications Department Group Muhamad Nur in an official publication on Thursday (7/10).

The increase in the position of foreign exchange reserves in September 2021 was influenced, among other things, by tax and service receipts as well as the withdrawal of government foreign debt.

Looking ahead, Bank Indon