Indonesia's foreign asset position at end-December adequately covers 8.8 months of imports or 8.4 months of imports and the servicing of government external debt repayments. This is well above the international standards of reserves adequacy at three months of imports. In a statement that was released on the website of Bank Indonesia Executive Director of Communication Department Tirta Segara said the lender of last resort considers this position safe and is able to strengthen the resilience of the external sector and maintain the sustainability of Indonesian economic growth.

Foreign Exchange Reserves Indonesia 2008 - 2016:

   2008  2009
 2010  2011  2012  2013  2014  2015  2016
Foreign Exchange
Reserves¹
 51.6  66.1  96.2 110.1 112.8  99.4 111.9 105.9 116.4

¹ in billion USD dollar at year-end
Source: Bank Indonesia

The rupiah experienced a volatile November and December 2016. First Indonesia's currency depreciated heavily (against the US dollar) after the surprise victory of Donald Trump in the 2016 US presidential election. Later in November it recovered sharply on a global relieve rally. But when the US Federal Reserve decided to raise its key interest rate in mid-December the rupiah started to depreciate rapidly again. So far in 2017, however, the Indonesian rupiah has shown a strengthening trend.

Indonesian Rupiah versus US Dollar:

| Source: Bank Indonesia

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