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Bank Indonesia Keeps Benchmark Rate Unchanged at 4.75% in Line with Expectations; Rupiah Soft
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Bank Indonesia announced at its Board of Governors meeting held on April 2122, 2026 that it decided to keep the benchmark interest rate unchanged at 4.75%, in line with market expectations. The deposit facility rate was also maintained at 3.75%, while the lending facility rate remained at 5.5%. The decision is consistent with efforts to enhance the effectiveness of adjustments to the monetary operations rate structure, in response to the deterioration in global economic conditions caused by the Middle East conflict, and to strengthen the stability of the rupiah exchange rate. Going forward, Bank Indonesia stands ready to implement further necessary monetary policy measures to safeguard rupiah stability and to keep inflation within the target range of 1.5% to 3.5% for 2026 and 2027. At the same time, macroprudential policies will continue to be strengthened to promote economic growth by increasing credit and financing to the real sector, while maintaining financial system stability. Payment system policies will continue to support economic activity by expanding digital payment acceptance, strengthening the structure of the payment system industry, and enhancing the reliability and resilience of payment system infrastructure. The central bank maintained its forecast for Indonesia's economic growth this year at between 4.9% and 5.7%. The rupiah edged down 0.2% during the Asian session to 17,181 per US dollar. (da/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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