Indonesia's central bank, Bank Indonesia (BI), kept its policy interest rate unchanged for the third consecutive policy meeting on Wednesday. The move is aimed at continuing to support the stability of the rupiah currency while assessing the impact of the previous interest rate cut.
The main 7-day reverse repurchase (reverse repo) rate was maintained at 4.75 percent, in line with the forecast of 18 out of 31 economists interviewed by Reuters. While the rest expected BI to continue cutting interest rates.
In addition, the overnight deposit rate and lending rate were also unchanged, remaining at 3.75 percent and 5.50 percent, respectively.
Previously, Bank Indonesia had cut its main interest rate by 150 basis points (bps) between September 2024 and September 2025 in an effort to stimulate economic growth in Southeast Asia's largest country.
The continued stability of this interest rate demonstrates Bank Indonesia's commitment to controlling inflation and strengthening the value of the rupiah, while also supporting sustainable economic development.
