Indonesia’s foreign exchange reserves slightly increased to USD 146.8 billion in October from USD 146.3 billion in the previous month. It was the highest level of foreign exchange reserves since March, supported by government external loan withdrawals and tax and service revenues. However, the increase was partly offset by repayments of maturing government foreign debt and Bank Indonesia’s rupiah stabilization measures in response to persistent uncertainty in global financial markets. The reserve assets were equivalent to 5.3 months of imports, or 5.2 months of imports and government external debt servicing, well above the international adequacy benchmark of around three months of imports. Looking ahead, Bank Indonesia expects external sector resilience to remain solid, supported by ample foreign exchange reserves and sustained foreign capital inflows.