JAKARTA, June 18 (Xinhua) -- Bank Indonesia decided to maintain its benchmark interest rate at 5.50 percent, with the deposit facility rate at 4.75 percent and the lending facility rate at 6.25 percent, during its board of governors meeting on Tuesday and Wednesday.
"This decision is based on the inflation outlook for 2025 and 2026, which remains within the target range of 2.5±1 percent, as well as the stability of the Rupiah exchange rate amid persistently high global uncertainty," said Perry Warjiyo, governor of Bank Indonesia, during a press conference on Wednesday.
Perry explained that from now on, Bank Indonesia will continue to monitor the room for monetary policy easing to support economic growth while maintaining macroeconomic stability.
At the same time, the central bank continues to optimize accommodative macroprudential policy and payment system policy to strengthen the economy through strategies such as boosting credit growth, enhancing banking liquidity flexibility, expanding digitalization, and improving infrastructure efficiency.
Meanwhile, the direction of monetary, macroprudential, and payment system policy mix is being reinforced through concrete measures, including foreign exchange market interventions, strengthening pro-market monetary operations, and expanding international cooperation. ■
