Indonesia Interest Rate

Last Release

Feb 19, 2025

Actual

5.75

Units In

5.75

Frequency

Daily

Next Release

Mar 19, 2025

Time to Release

26 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
12.75 Dec 2005	3.5 Feb 2021	6.39 %	2005-2025	Bank Indonesia

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.

Latest Updates

The Bank of Indonesia kept its benchmark interest rate at 5.75% during its February 2025 meeting, in line with market expectations. This decision aligns with BI's strategy to keep inflation under control, with a target of 2.5±1%, while also stabilizing the Rupiah amid global uncertainty. Indonesia's annual inflation rate eased to 0.76% in January 2025 from 1.57% in December 2024, marking the lowest reading since March 2000 and remaining well within the target range. Meanwhile, as of mid-February 2025, the Rupiah has remained relatively stable despite global market volatility, depreciating only 1.06% year-to-date compared to December 2024. This stability is largely attributed to BI's proactive interventions and its strong commitment to maintaining the Rupiah's exchange rate stability. The overnight deposit rate and lending facility rate were also kept unchanged at 5% and 6.5%, respectively.