- Indonesia's FX reserves rose to USD 149.9 Bn in Oct-25, a slight increase from USD 148.7 Bn in Sep-25.
- Global bonds issuance contributed significantly to this uptick, including Dim Sum Bonds and several debt securities.
- However, this inflow was hindered by constant BI intervention following the recovery of the DXY index.
- The current level of FX reserves leaves room for one more BI-rate cut before the end of the year, assuming the delivery of one more FFR cut in December.
