Tag: Benchmark Interest Rates
Indonesia’s Benchmark Interest Rate Remains High Compared to Southeast Asian Countries
Bank Indonesia (BI) maintained its benchmark interest rate, the BI 7-Day Reverse Repo Rate (BI7DRR), at 5.75% on Thursday (16/3/2023) last week. While the...
Bank Indonesia Maintains Benchmark Interest Rate at 5.75% in March
Bank Indonesia (BI) has decided to maintain its benchmark interest rate, the BI 7-Day Reverse Repo Rate (BI7DRR), at 5.75 percent during its Governor...
Don’t Worry, Benchmark Interest Rates Will Not Rise Again
Bank Indonesia (BI) has reiterated that there is no need for interest rates to rise any further. Several factors such as the forecasted inflation...
Bank Indonesia Holds Benchmark Interest Rate at 5.75%
Bank Indonesia (BI) announced that they were holding the benchmark interest rate or the BI 7-Day Reverse Repo Rate (BI7DRR) at 5.75 percent. BI...
BI Promises Not To Raise The Benchmark Interest Rate Excessively
The rise in inflation will not occur continuously due to various efforts to handle it domestically. This was conveyed by the Governor of Bank...
Loan Interest Predicted to Rising Due to Benchmark Interest Rise
Bank Indonesia (BI), as of October 2022, raised the benchmark interest rate by 50 basis points to 4.75 percent. This policy is predicted to...
BI Increases BI7DRR by 4.25%
After last August Bank Indonesia (BI) raised the benchmark interest rate for the first time in 45 months, now they are raising the BI...
BI Gives Explanation Regarding Its Monetary Policy
The steps taken by Bank Indonesia (BI) regarding its monetary policy have raised questions from many parties. They were surprised by BI's policy of...
If Inflation Rises, Benchmark Interest Rates Will Also Rise
Bank Indonesia has signaled an increase in the benchmark interest rate or the BI 7-day reverse repo rate (BI7DRRR). BI has hinted that they...
