asiaref › Countries › Indonesia › Policy Rate (BI-Rate)

Indonesia Policy Rate (BI-Rate)

Indonesia Policy Rate (BI-Rate) is 5.75 percent, in force since 18 Jun 2026, cited to Bank Indonesia, Monetary Policy Review September 2026. Board of Governors Meeting 22-23. Last checked against the official source on 12 Oct 2026.

Official source: Bank Indonesia, Monetary Policy Review September 2026. Board of Governors Meeting 22-23 September 2026 held · Last checked 2026-10-12 · source fingerprint

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.

Compare policy interest rate across all 28 Asian countries →

Current value5.75 percent
In force from2026-06-18
Official sourceBank Indonesia, Monetary Policy Review September 2026. Board of Governors Meeting 22-23 September 2026 held the BI-Rate at 5.75%. Indicator table: 23 September 2026 = 5.75%; 18 June 2026 was the step from 5.50% to 5.75%.
Last verified2026-10-12
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource 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). The RDG of 21-22 July 2026 HELD the BI-Rate at 5.75% (press release No. 28/142/DKom, 22 July 2026: 'agreed ... to hold the BI-Rate at 5.75%', DF 4.75%, LF 6.50%). Next scheduled RDG: 18-19 August 2026 — 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. RECONFIRMED 2026-10-12: reconfirm. Newer decision held the rate, so value and effective_from stay 5.75 and 2026-06-18. BI-Rate table https://www.bi.go.id/en/statistik/indikator/bi-rate.aspx: 23 September 2026 5.75%; 19 August 2026 5.75%; 22 July 2026 5.75%; 18 June 2026 5.75%; 9 June 2026 5.50%. Indonesian release No.28/193/DKom: https://www.bi.go.id/id/publikasi/ruang-media/news-release/Pages/sp_2819326.aspx ('memutuskan untuk mempertahankan BI-Rate sebesar 5,75%'). Next RDG is after this dig date.

Get it programmatically

curl https://asiaref.dev/v1/id/policy-rate
# $0.005 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-rate

Email me when this changes

Free. One email when an official figure we track changes — not when we re-check it. You confirm by email first, and every alert has a one-click unsubscribe.

Other Indonesia series: Value Added Tax (Pajak Pertambahan Nilai, PPN) · VAT registration threshold · Minimum Wage (Upah Minimum) · Public Holidays (Hari Libur Nasional) · Consumer Price Index Inflation (Inflasi IHK) · Corporate Income Tax (Pajak Penghasilan Badan) · Withholding tax rates · Statutory default interest (bunga moratoir) · Personal Income Tax (Pajak Penghasilan Orang Pribadi, PPh OP) · Statutory social-insurance contributions · Tax filing deadlines

The same figure elsewhere: Iraq · Israel · Japan · Jordan · Kazakhstan · all 28