Bank Indonesia (BI) strives to support and strengthen national economic recovery by optimizing the mix of accommodative monetary and macroprudential policies and accelerating the digitization of the payment system.

Bank Indonesia takes seven steps to strengthen further efforts to recover the national economy. First, continuing the rupiah exchange rate policy to maintain exchange rate stability in line with market fundamentals and mechanisms.

"Second, to continue strengthening the monetary operation strategy to strengthen the effectiveness of the accommodative monetary policy stance," said BI Governor Perry Warjiyo after announcing the results of the monthly Governor Board Meeting on Tuesday (25/5).

Third, to continue the banking policy for transparency of prime lending rates (SBDK), emphasizing components of premium lending rates (cost of funds, overhead costs, and profit margins) and the slow pace of new credit interest rate cuts.

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