Monetary

Lite

Bank Indonesia Cuts Reference Interest Rate to 3.75%

Dwi Hadya Jayani 20/11/2020 08:10 WIB

Bagikan URL has been copied

Memuat...

The Bank Indonesia Board of Governors (RDG) meeting on November 18-19, 2020, decided to cut the benchmark interest rate (BI 7 Day Reverse Repo Rate/BI7DRR) by 25 basis points to 3.75%.

Bank Indonesia Reference Rate (BI 7-Day Repo Rate)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Bank Indonesia Cuts Reference Interest Rate to 3.75%

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Bank Indonesia Reference Rate (BI 7-Day Repo Rate)

Download

Source

A Small
A Medium
A Bigger

The Bank Indonesia Board of Governors (RDG) meeting on November 18-19, 2020, decided to cut the benchmark interest rate (BI 7 Day Reverse Repo Rate/BI7DRR) by 25 basis points (bps) to 3.75%. A similar 25 bps cut was also implemented for the Deposit Facility rate, to 3%, and the Lending Facility rate, to 4.5%.

This decision considers the low inflation projection, aims to maintain stability, and accelerate the national economic recovery. Inflation remains low due to weak domestic demand. Indonesia's inflation rate in October 2020 was 0.07% (month-on-month).

BI also stated that Indonesia's economic growth is improving, driven by the realization of fiscal stimulus, increased public mobility, and global demand. Furthermore, the Indonesian Balance of Payments (NPI) recorded a surplus, boosted by improvements in the current account and capital and financial transactions. The trade balance surplus also increased due to improved exports and adjusted imports resulting from weak domestic demand.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

The Fed Cuts Interest Rates to 3.5%—3.75% in December 2025

Annual Inflation in Indonesian Provinces in November 2025, Riau Highest

Indonesia's Annual Inflation Slightly Slowed in November 2025

5 Largest Monthly Inflation Contributors in Indonesia, November 2025

Indonesia's Annual Inflation, 2005-2024

Market Remains Volatile, BI Holds Interest Rate at 4.75% in November 2025

Latest Data Stories

Forestry and Logging Sector PDRB ADHB 2013-2024 Technology & Telecommunications 30/12/2025, 17:40 WIB

The daily price of Super II quality rice in Bali's traditional markets has increased by 0.32% over the past month. Economics & Macro 30/12/2025, 17:20 WIB

Indonesian Rupiah Weakens to Rp 16,660 per US Dollar (Tuesday, May 13, 2025) Market 30/12/2025, 17:14 WIB

Difference in Average Net Income of Male and Female Freelancers in Indonesia in 2025 Employment 30/12/2025, 17:09 WIB

Food Prices Today, December 30, in East Java: Soybean, Chili, and Onion Prices Fall Economics & Macro 30/12/2025, 17:08 WIB

Food Prices Today, December 30, in South Sumatra: Red Chili and Cayenne Pepper Prices Drop Economics & Macro 30/12/2025, 16:39 WIB

Download

Source

Bank Indonesia Cuts Reference Interest Rate to 3.75%

Bank Indonesia Cuts Reference Interest Rate to 3.75%

Tags

Related Data

The Fed Cuts Interest Rates to 3.5%—3.75% in December 2025

Annual Inflation in Indonesian Provinces in November 2025, Riau Highest

Indonesia's Annual Inflation Slightly Slowed in November 2025

5 Largest Monthly Inflation Contributors in Indonesia, November 2025

Indonesia's Annual Inflation, 2005-2024

Market Remains Volatile, BI Holds Interest Rate at 4.75% in November 2025

Latest Data Stories

Popular Data

Bank Indonesia Cuts Reference Interest Rate to 3.75%

Bank Indonesia Cuts Reference Interest Rate to 3.75%

Tags

Related Data

The Fed Cuts Interest Rates to 3.5%—3.75% in December 2025

Annual Inflation in Indonesian Provinces in November 2025, Riau Highest

Indonesia's Annual Inflation Slightly Slowed in November 2025

5 Largest Monthly Inflation Contributors in Indonesia, November 2025

Indonesia's Annual Inflation, 2005-2024

Market Remains Volatile, BI Holds Interest Rate at 4.75% in November 2025

Latest Data Stories

Trending Topics

Popular Data