Indonesia holds rates on solid growth and stronger rupiah

Bank Indonesia
Christopher Jeffery

Bank Indonesia kept rates unchanged today (December 20), having made six rate increases since May 2018.

The central bank left the seven-day reverse repo rate at 6%, the deposit facility at 5.25%, and the lending facility at 6.75%.

In 2018, rate-setters increased the key rate by 175 basis points in order to stem the rupiah’s fall and resist capital outflows. The South-east Asian economy has responded positively to this policy.

“The rupiah appreciated 6.29% in November 2018 as an influx of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: