Indonesia Interest Rate 2005-2014 | Data | Chart | Calendar | Forecast

The benchmark interest rate in Indonesia was last recorded at 7.50 percent. Interest Rate in Indonesia averaged 7.71 Percent from 2005 until 2014, reaching an all time high of 12.75 Percent in December of 2005 and a record low of 5.75 Percent in February of 2012. Interest Rate in Indonesia is reported by the Bank Indonesia.

   
 
 
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Indonesia Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.50 12.75 5.75 2005 - 2014 Percent Monthly
In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. The official interest rate is the Discount rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. This page provides - Indonesia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Indonesia Interest Rate - was last refreshed on Wednesday, September 3, 2014.


Indonesia Maintains Rates on Hold


At its August 14th meeting, Bank Indonesia maintained its benchmark interest rate unchanged at 7.5 percent for the ninth consecutive month, as the current policy stance remained in line with efforts to bring inflation to the target range and lowered the current account deficit.

The central bank governor also said that current account deficit in the second quarter widened to 4.27 percent of the GDP from 2.06 percent in the previous quarter. Rising imports of consumer foods typically happened to meet expanding demand in the fasting month and ahead of Eid holidays.

The deposit facility and the lending facility rate were also left unchanged at 5.75 percent and 7.50 percent, respectively.

The central bank targets the inflation rate at 4.5 percent plus or minus 1 percent for 2014 and 4 percent plus or minus 1 percent for 2015. In July, the inflation rate eased to 4.5 percent, the slowest rate in eighteen months. The country’s GDP grew 5.12 percent in the second quarter of 2014, the lowest in five years as exports and spending government declined.

Bank Indonesia l Rida l rida@tradingeconomics.com
8/14/2014 8:59:13 AM


Recent Releases

Indonesia Keeps Rates Steady
At its July 10th, 2014 meeting, Bank Indonesia left the benchmark interest rate on hold at 7.5 percent, as the current policy stance remains appropriate to steer inflation to the target range and lower the current account deficit. Published on 2014-07-10

Indonesia Leaves Rates on Hold
At its June 12th, 2014 meeting, Bank Indonesia left the benchmark interest rate unchanged at 7.5 percent for the seventh straight meeting. The deposit facility and the lending facility rate were also left unchanged at 5.75 percent and 7.50 percent, respectively. Published on 2014-06-12


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-08 09:00 AM Indonesia
Interest Rate Decision
7.5% 7.5% 7.5% 7.5%
2014-06-12 09:30 AM Indonesia
Interest Rate Decision
7.5% 7.5% 7.5% 7.5%
2014-07-10 09:00 AM Indonesia
Interest Rate Decision
7.5% 7.5% 7.5% 7.5%
2014-08-14 07:00 AM Indonesia
Interest Rate Decision
7.5% 7.5% 7.5% 7.5%
2014-09-11 09:00 AM Indonesia
Interest Rate Decision
7.5% 7.5%


Money Last Previous Highest Lowest Unit
Interest Rate 7.50 7.50 12.75 5.75 Percent [+]
Interbank Rate 5.86 5.85 89.80 1.17 Percent [+]
Money Supply M0 381704.05 380492.98 399589.00 2983.00 IDR Billion [+]
Money Supply M1 945784.00 906746.00 945784.00 317.90 IDR Billion [+]
Money Supply M2 3861659.00 3784861.00 3861659.00 5156.00 IDR Billion [+]
Foreign Exchange Reserves 110542.45 107700.00 124637.75 27404.30 USD Million [+]
Loans to Private Sector 3113403.00 3041140.00 3113403.00 286724.00 IDR Billion [+]
Loan Growth 16.60 17.40 90.50 -59.90 Percent [+]


Interest Rate Reference Previous Highest Lowest Unit
Australia 2.50 Sep/14 2.50 17.50 2.50 Percent [+]
Brazil 11.00 Jul/14 11.00 45.00 7.25 Percent [+]
Canada 1.00 Jul/14 1.00 16.00 0.25 Percent [+]
China 6.00 Jul/14 6.00 10.98 5.31 Percent [+]
Euro Area 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
France 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Germany 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
India 8.00 Aug/14 8.00 14.50 4.25 Percent [+]
Indonesia 7.50 Aug/14 7.50 12.75 5.75 Percent [+]
Italy 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Japan 0.00 Aug/14 0.00 9.00 0.00 Percent [+]
Mexico 3.00 Jul/14 3.00 9.25 3.00 Percent [+]
Netherlands 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Russia 8.00 Jul/14 7.50 10.50 5.00 Percent [+]
South Korea 2.25 Aug/14 2.50 5.25 2.00 Percent [+]
Spain 0.15 Aug/14 0.15 4.75 0.15 Percent [+]
Switzerland 0.00 Jul/14 0.00 3.50 0.00 Percent [+]
Turkey 8.25 Aug/14 8.25 500.00 4.50 Percent [+]
United Kingdom 0.50 Aug/14 0.50 17.00 0.50 Percent [+]
United States 0.25 Jul/14 0.25 20.00 0.25 Percent [+]





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