06 Mar 2026 | News & Feature

FX Reserves: Another cloudy month

  • FX reserves declined to USD 151.9 Bn in Feb-26, as foreign inflow from SRBI are countervailed by FX intervention.
  • Recent Fitch downgrade and Strait of Hormuz closure would likely pressure Rupiah, entailing further intervention.
  • BI is likely to adopt a pro-stability stance for the time being, increasing SRBI issuance and yield to ensure inflows.