BI Keeps Benchmark Interest Rate Unchanged at 3.5%


The Bank Indonesia Board of Governors Meeting on June 16-17, 2021, decided to maintain the benchmark interest rate (7 Days Reverse Repo Rate/7DRR) at 3.5% in June 2021.

BI also maintained the deposit facility and lending facility rates at 2.75% and 4.25%, respectively. "

"This decision is consistent with forecasts for inflation to remain low, the stability of the rupiah exchange rate, as well as strengthening efforts to recover the economy," said BI Governor Perry Warjiyo in a virtual press conference on the results of BI RDG, Thursday (17/6/).

According to Perry, BI monitors and ensures the stability of the rupiah exchange rate, and financial market stability is maintained so that various monetary, macroprudential, and payment system policies are still directed to support the national economic recovery.

"We will continue to carry out all macroprudential policies in an accommodative manner. What do you mean by accommod


Penulis : Widya