JAKARTA – Bank Indonesia (BI) has maintained its benchmark BI 7-Day Reverse Repo Rate (BI7DRR) at 5.75%, in line with the results of the central bank’s Board of Governors’ Meeting for March 2025.

Perry Warjiyo, Governor of BI, stated that this policy aligns with the central bank’s focus on maintaining domestic economic stability and growth. “This decision is consistent with efforts to manage inflation forecasts for 2025 and 2026, keeping them under control,” Perry said in a press conference today.

According to Perry, Indonesia's inflation projection for 2025 and 2026 is expected to remain around 2.5%.

He added that BI will continue to monitor inflation prospects and economic growth moving forward to assess opportunities for reducing the BI rate. “Considering the rupiah’s exchange rate,” Perry noted.

In addition to keeping the benchmark rate at 5.75%, BI has also maintained the deposit facility rate at 5% and the lending facility rate at 6.5%.

According to IDNFinancials.com, BI’s benchmark interest rate has not changed since January 2025. (KR/ZH)