Indonesia Interest Rate

Last Release

Mar 19, 2025

Actual

5.75

Units In

5.75

Frequency

Daily

Next Release

Apr 23, 2025

Time to Release

1 Months 2 Days 10 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 maintained its benchmark interest rate at 5.75% during its March 2025 meeting, aligning with market expectations. This decision supports the central bank’s ongoing efforts to keep inflation within its target range of 2.5±1% for 2025 and 2026, while also ensuring the stability of the Rupiah amid heightened global uncertainty and supporting economic growth. Annual consumer prices in Indonesia fell to 0.09% in February 2025, marking the first deflation since March 2000, mainly influenced by the electricity tariff discount policy for households with specific electricity capacities. Meanwhile, the Rupiah appreciated by 0.94% against the US dollar as of March 18, 2025, primarily attributed to reduced foreign capital inflows into regional stock markets, including Indonesia, as global uncertainty weighed on investor sentiment. The Bank of Indonesia also kept the overnight deposit rate and lending facility rate unchanged at 5% and 6.5%, respectively.