BI Lowers Benchmark Interest Rate, Rupiah Strengthens at Week's End
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Bank Indonesia's (BI) decision to cut its benchmark 7-Day Reverse Repo Rate (7 DRRR) by 25 basis points to 5.75% has strengthened the rupiah. The rupiah strengthened by 0.14% against the US dollar to Rp 13,960 in Thursday's (July 18th) spot market trading.
The rupiah's strengthening continued on Friday (July 19th), appreciating by 0.18% to Rp 13,935 per US dollar. Over the week, the rupiah strengthened by 0.496%.
(See Databoks: [Rupiah Exchange Rate Approaches its Lowest Level This Year](https://databoks.katadata.co.id/datapublish/2019/05/09/nilai-tukar-rupiah-mendekati-level-terendahnya-tahun-ini))
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Agu) | 3,19% | +0.31 | |
| Inflasi mom (Jul) | -0,14% | -0.58 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.635 | +0.30 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Neraca perdagangan (Jul) | 121,90 | -127.06 | |
| Ekspor Migas (Jun) | 1,07 | +40.52 | |
| Impor Migas (Jul) | 3,77 | -17.33 | |
| Ekspor (Jun) | 25,46 | +9.72 | |
| Impor (Jul) | 26,09 | +0.72 | |
| Kunjungan Wisman (Jul) | 1,53 | +9.99 | |
| NTP (Jul) | 116,16 | +1.32 |