Indonesia central bank policy rate
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.
The data series on central bank policy rates can also be generated using the BIS Statistics Explorer and BIS Statistics Warehouse, as well as downloaded in a single CSV file. Contact. For queries regarding central bank policy rates, please write to statistics@bis.org.
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 23 Jan 2020 JAKARTA: Indonesia's central bank kept its benchmark rate steady on Thursday, as expected, saying current policy was conducive to
Indonesia’s central bank may be ready to cut interest rates again after a three-month pause as policy makers look to head off the impact of the coronavirus on Southeast Asia’s biggest economy.
21 Nov 2019 The central bank of Indonesia (Bank Indonesia) left its benchmark interest rate untouched for the first time in five months. At the two-day policy 24 Oct 2019 Indonesia's central bank cut its key interest rate for a fourth straight month amid a deteriorating outlook for global growth, saying any further 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
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,
24 Oct 2019 Indonesia's central bank cut its key interest rate for a fourth straight month amid a deteriorating outlook for global growth, saying any further
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.
Bank Indonesia opts to pause, likely monitoring external position. With the Fed and most regional central banks opting to stay neutral to close out the year, Bank Indonesia decided to keep policy setting untouched for a second straight meeting as they monitor developments related to the external account. Perry Warjiyo, Indonesia's central bank governor, told CNBC on Friday there's room to cut interest rates this time because inflation for the year is expected to remain within its target range of 2 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. 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. Indonesia - Interest Rate Bank Indonesia cuts rates in February to offset coronavirus impact. At its 19–20 February monetary policy meeting, Bank Indonesia (BI) trimmed the seven-day reverse repo rate to 4.75% from 5.00%. The Bank also cut the deposit facility and lending facility rates by 25 basis points to 4.00% and 5.50% respectively.
Rupiah stability is defined, among others, as stability of prices for goods and services reflected in inflation. To achieve this goal, Bank Indonesia decided in 2005 to adopt the inflation targeting framework, in which inflation is the primary monetary policy objective, while adhering to the free floating exchange rate system. 1. Foreign Exchange Reference Rate : Jakarta Interbank Spot Dollar Rate (JISDOR) JISDOR represents the weighted average of USD/IDR spot transactions traded in the interbank market within a specific window, captured on a real time basis through Bank Indonesia’s monitoring system of foreign exchange transactions against Rupiah (SISMONTAVAR). 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 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. Central bank interest rate (%) Date of last change Average inflation rate 2013-2017 (%) by WB and IMF as in the List. Central bank interest rate minus average inflation rate (2013-2017) Central bank interest rate divided by Indonesia: 6.00: 15 November 2018: 5.29 0.71 1.13 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.