Indonesia central bank policy rate

In line with expectations, the central bank of Indonesia (Bank Indonesia) decided to leave its benchmark interest rate – the BI 7-Day Reverse Repo Rate – unchanged at 6.00 percent, while also maintaining its deposit facility and lending facility rates at 5.25 percent and 6.75 percent, respectively, at the two-day monthly monetary policy meeting that was held on 19 and 20 June 2019.

For 2020 the central bank revised its GDP growth forecasts to 5.0% - 5.4% from 5.1% - 5.5%, mainly because of the coronavirus effect. Indonesia GDP growth is affected by the virus outbreak through tourism, trade and investment. The lending and the deposit facility rates were also trimmed by 25bps to 5.5 percent and 4.0 percent, respectively. With the assistance of Bank Indonesia Liquidity Credits with low rates and soft terms, state banks were functioned as agents of development. Around 80% of the total loans came from Bank Indonesia’s coffers. When reference is made to the Indonesian interest rate this often refers to the BI rate. The BI rate is the base rate (policy rate) which is used by the central bank of Indonesia to shape the monetary policy. The rate is reflected in an increase or decrease of the Interbank Overnight rate (O/N) which is the interbank rate. Bank Indonesia (BI) moved quickly to shield the economy from the impending economic slowdown induced by COVID-19, slashing its 7-day policy rate to 4.75%. The move was anticipated by a majority of analysts as growth momentum stalled at the end of 2019 with fourth quarter GDP slipping below 5% and full year growth well below the government's target of 5.3%.

Over time and in line with the aesthetics and image the central bank was nurturing, the Bank Indonesia logo was modified to become more solid, bold and dignified like that which is in use today. Home Monetary Foreign Exchange Rates Foreign Exchange Transaction Rates

21 Nov 2019 Jakarta. Bank Indonesia, the country's central bank, decided on Thursday to keep its benchmark interest rate at 5 percent, ending a series of  BI rate, interest rate of the central bank of Indonesia. Charts - historic BI interest rates. Graph Indonesian interest rate BI - interest rates last year  23 Jan 2020 JAKARTA: Indonesia's central bank kept its benchmark rate steady on Thursday, as expected, saying current policy was conducive to  3 Nov 2019 Bank Indonesia (BI), the central bank of Southeast Asia's largest economy, decided to cut rates further by 25 basis points (bps) to 5% in its latest  An effective way to earn attractive interest rates with Indonesian Rupiah time deposit. Easy transaction via Branch, HSBC Phone Banking and HSBC Internet  For 2020 the central bank revised its GDP growth forecasts to 5.0% - 5.4% from 5.1% - 5.5%, mainly because of the coronavirus effect. Indonesia GDP growth is affected by the virus outbreak through tourism, trade and investment. The lending and the deposit facility rates were also trimmed by 25bps to 5.5 percent and 4.0 percent, respectively.

Bank Indonesia holds fire after four straight cuts. Bank Indonesia (BI) Governor Perry Warjiyo opted to keep policy rates steady, a move anticipated by market analysts, but unexpectedly trimmed the amount banks are asked to set aside as reserves.

Current 1-month, 3-month, 6-month and 9-month BI's interest rate http://www.bi. go.id/seki/tabel/TABEL1_25.pdf. Working Capital Lending Rates, Investment  The Bank of Indonesia announced 7 Days Reverse Repo Rate as new policy rate effective August 19th, 2016. For Policy Rate prior to August 2016, please refer  20 Feb 2020 During a two-day board of governors meeting, the central bank decided to slash its benchmark interest rate, the BI seven-day reverse repo rate, 

Welcome to Bank Indonesia "A new chapter in the history of Bank Indonesia as an independent central bank was initiated when a new Central Bank Act, the UU No. 23/1999 on Bank Indonesia, was enacted on May 17, 1999 and have which has been amended with UU No.3/2004 on January 15, 2004.

24 Oct 2019 Indonesia's central bank on Thursday cut its benchmark interest rate for the fourth straight month in an attempt to boost domestic economic  21 Nov 2019 Jakarta. Bank Indonesia, the country's central bank, decided on Thursday to keep its benchmark interest rate at 5 percent, ending a series of  BI rate, interest rate of the central bank of Indonesia. Charts - historic BI interest rates. Graph Indonesian interest rate BI - interest rates last year  23 Jan 2020 JAKARTA: Indonesia's central bank kept its benchmark rate steady on Thursday, as expected, saying current policy was conducive to  3 Nov 2019 Bank Indonesia (BI), the central bank of Southeast Asia's largest economy, decided to cut rates further by 25 basis points (bps) to 5% in its latest 

For 2020 the central bank revised its GDP growth forecasts to 5.0% - 5.4% from 5.1% - 5.5%, mainly because of the coronavirus effect. Indonesia GDP growth is affected by the virus outbreak through tourism, trade and investment. The lending and the deposit facility rates were also trimmed by 25bps to 5.5 percent and 4.0 percent, respectively.

9 Dec 2019 So far, the central bank has cut its benchmark interest rate four times, with a total of 0.75 percent. The last cut in September was 0.25 percent to  Therefore, Indonesian Central Bank took a policy to raise interest rates for retail banks from 6% to 7.25% per annum gradually up to present. Policies relating to the  In line with the central bank's revised mandate for combined price and financial system stability, the policy mix comprises interest rate, exchange rate, capital 

19 Dec 2019 Indonesia's central bank kept interest rates unchanged at its final policy meeting for 2019, though it reiterated a commitment to maintain  9 Dec 2019 So far, the central bank has cut its benchmark interest rate four times, with a total of 0.75 percent. The last cut in September was 0.25 percent to  Therefore, Indonesian Central Bank took a policy to raise interest rates for retail banks from 6% to 7.25% per annum gradually up to present. Policies relating to the  In line with the central bank's revised mandate for combined price and financial system stability, the policy mix comprises interest rate, exchange rate, capital  24 Oct 2019 Indonesia's central bank on Thursday cut its benchmark interest rate for the fourth straight month in an attempt to boost domestic economic  21 Nov 2019 Jakarta. Bank Indonesia, the country's central bank, decided on Thursday to keep its benchmark interest rate at 5 percent, ending a series of  BI rate, interest rate of the central bank of Indonesia. Charts - historic BI interest rates. Graph Indonesian interest rate BI - interest rates last year