Indonesia policy interest rate
Bank Indonesia's benchmark monetary policy rate, set by the Board of Governors Meeting (Rapat Dewan Gubernur, RDG). Renamed from 'BI 7-Day Reverse Repo Rate (BI7DRR)' to 'BI-Rate' in December 2023; the underlying instrument (7-day reverse repo) is unchanged.
| Current value | 5.75 percent |
|---|---|
| In force from | 2026-06-18 |
| Official source | Bank Indonesia, BI-Rate statistical indicator table and Board of Governors Meeting (Rapat Dewan Gubernur) decision of 17-18 June 2026 |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
BI-Rate raised 25bp to 5.75% at the scheduled RDG of 17-18 June 2026, stated by BI as defending rupiah stability while keeping inflation inside the 2.5%+/-1% target corridor for 2026-2027. This followed an UNSCHEDULED (off-cycle) 25bp hike to 5.50% on 9 June 2026 — two hikes inside a single month, an unusual sequence that signals FX-driven rather than inflation-driven policy. Prior path in 2026: 4.75% (17-18 March, held), 4.75% (21-22 April, held), 5.25% (20 May, +50bp), 5.50% (9 June, off-cycle +25bp), 5.75% (18 June, +25bp). IMPORTANT: the next scheduled RDG is 21-22 July 2026 — one day AFTER this record's last_confirmed date — so this value should be re-checked immediately. CORRIDOR (corrected): Bank Indonesia's standing facilities are ASYMMETRIC around the BI-Rate — the Deposit Facility sits 100bp BELOW and the Lending Facility 75bp ABOVE. At the 17-18 June 2026 decision: DF 4.75%, LF 6.50%; at the 20 May 2026 decision: DF 4.25%, LF 6.00%. Those facility rates are not served here. bi.go.id fetches cleanly without geo-blocking.
Get it programmatically
curl https://asiaref.dev/v1/id/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/id/policy-rate/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/id/policy-rateOther Indonesia series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates