Bank Indonesia Retains Interest Rates at 4.75 Percent Level

Bank Indonesia (BI) decided to maintain the benchmark interest rate or BI-Rate at 4.75 percent.

In addition, BI also maintained the deposit facility interest rate and the lending facility interest rate at 3.75 percent and 5.50 percent, respectively.

BI Governor Perry Warjiyo said BI decided to maintain the BI-Rate or reference interest rate at 4.75 percent.

"The Bank Indonesia Board of Governors (RDG) meeting on April 21-22, 2026 decided to maintain the BI-Rate at 4.75 percent," he said in a press conference, Tuesday, April 22.

According to Perry, this decision is still consistent with efforts to increase the effectiveness of the strategy of adjusting the interest rate structure of monetary operation instruments in strengthening the stabilization of the rupiah exchange rate from the impact of the worsening global economic conditions due to the war in the Middle East.

Looking ahead, he added that Bank Indonesia is ready to take further steps to strengthen the monetary policy needed to maintain the stability of the rupiah exchange rate and keep inflation in 2026 and 2027 within the target of 2.5 percent plus minus 1 percent.

Meanwhile, Perry said that macroprudential policies continued to be strengthened to encourage economic growth through increased credit/financing to the real sector while maintaining financial system stability.

Perry also added that the payment system policy continues to be directed to support economic activities through the expansion of digital payment acceptance, strengthening the structure of the payment system industry, and increasing the reliability and resilience of the payment system infrastructure.

"The direction of the mix of monetary, macroprudential, and payment system policies in maintaining stability and also contributing to sustainable economic growth," he said.