07 Sep 2026 | News & Feature

FX Reserves: Finding a new life jacket

  • FX reserves rose to USD 146.5 Bn in August, helped by portfolio inflows from all 3 main instruments and rising value of gold.
  • Lower outstanding FX swaps could be caused by worse CA performance and/or lower need to hedge amidst strengthening Rupiah.
  • Climate-related exports disruption and Hawkish outlook amidst global central banks may compel BI to adopt a hike rates once more this year.