Bank Indonesia held its benchmark 7-day reverse repo rate at 5 percent during its January meeting, as widely expected. The decision was consistent with effort to anchor inflation and boost GDP growth. The Bank added that will continue to monitor global economic development,domestic factors to take advance of room for accommodative macro-prudential policies.The lending and the deposit facility rates were also left unchanged at 5.75 percent and 4.25 percent respectively. Indonesia Interest Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Interest Rate in Indonesia averaged 6.97 percent from 2005 until 2020, reaching an all time high of 12.75 percent in December of 2005 and a record low of 4.25 percent in September of 2017. This page provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bank Indonesia

Interest Rate in Indonesia is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Indonesia to stand at 5.00 in 12 months time. In the long-term, the Indonesia Interest Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.


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Indonesia Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.00 12.75 4.25 2005 - 2020 percent Daily


Calendar GMT Actual Previous Consensus TEForecast
2019-10-24 07:30 AM 5% 5.25% 5% 5%
2019-11-21 07:30 AM 5% 5% 5% 5%
2019-12-19 07:30 AM 5% 5% 5% 5%
2020-01-23 07:30 AM 5% 5% 5% 5%
2020-02-20 07:30 AM 5% 5%
2020-03-19 07:30 AM 5%
2020-04-14 07:30 AM
2020-05-19 07:30 AM


News Stream
Indonesia Holds Key Interest Rate at 5%
Bank Indonesia held its benchmark 7-day reverse repo rate at 5 percent during its January meeting, as widely expected. The decision was consistent with effort to anchor inflation and boost GDP growth. The Bank added that will continue to monitor global economic development,domestic factors to take advance of room for accommodative macro-prudential policies.The lending and the deposit facility rates were also left unchanged at 5.75 percent and 4.25 percent respectively.
2020-01-23
Indonesia Keeps Interest Rate Unchanged
Bank Indonesia left its benchmark 7-day reverse repo rate at 5 percent during its December meeting, as widely expected. The decision consistent with effort to anchor inflation and support GDP growth. The Bank added that will continue to monitor global financial market conditions and the external stability of the economy. The lending and the deposit facility rates were also held unchanged at 5.75 percent and 4.25 percent respectively.
2019-12-19
Bank Indonesia Holds Interest Rates, Cuts RRR
Bank Indonesia held its benchmark 7-day reverse repo rate at 5 percent during its November meeting, following four consecutive rate cuts, and lowered the reserve requirement ratio for lenders to provide additional liquidity and support GDP growth. The Bank added that will continue to monitor global financial market conditions and the external stability of the economy. The lending and the deposit facility rates were also left unchanged at 5.75 percent and 4.25 percent respectively.
2019-11-21
Bank Indonesia Cuts Rates for 4th Month
Bank Indonesia lowered its 7-day reverse repo rate by 25bps to 5.0 percent during its October meeting, as widely expected. It is the fourth consecutive rate cut, bringing borrowing costs to the lowest since May last year, in an attempt to boost economic growth amid low inflation expectations. The overnight deposit and lending facilities were also trimmed by the same amount to 4.25 percent and 5.75 percent, respectively.
2019-10-24

Indonesia Interest Rate
In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. In April of 2016, policymakers announced the replacement of the official discount interest rate with new 7-day reverse repurchase rate in August 2016. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis.