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.

   
 
 

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, October 1, 2014.


Indonesia Leaves Monetary Policy Unchanged


At its September 11th, 2014 meeting, Indonesia’s central bank left the benchmark interest rate on hold at 7.5 percent for the tenth straight meeting. The lending facility rate and the deposit facility rate were also left on hold at 7.5 percent and 5.75 percent, respectively.

Excerpt from the statement by the Bank Indonesia:

Such policy is consistent with efforts to control inflation towards its target corridor of 4.5±1 percent in 2014 and 4.0±1 percent in 2015, as well as to reduce the current account deficit to a more sustainable level. Bank Indonesia perceives that the economic rebalancing process towards a more balanced economy is still continued, underpinned by preserved macroeconomic stability. Looking ahead, there remains several risks that demands vigilance that may cause disruptions of macroeconomic and financial system stability. To that end, Bank Indonesia will continue to strengthen its monetary and macroprudential policy mix, along with other policies to reinforce the structure of the domestic economy. Bank Indonesia will also enhance policy coordination with the government to control inflation and reduce the current account deficit in order to ensure that the economic rebalancing process will continue unimpeded, by maintaining a sustainable economic growth. 

Bank Indonesia | Joana Taborda | joana.taborda@tradingeconomics.com
9/11/2014 10:50:57 AM


Recent Releases

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. Published on 2014-08-14

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


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 09:30 AM Indonesia
Interest Rate Decision
7.5% 7.5% 7.5% 7.5%
2014-10-07 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 Sep/14 11.00 45.00 7.25 Percent [+]
Canada 1.00 Sep/14 1.00 16.00 0.25 Percent [+]
China 6.00 Aug/14 6.00 10.98 5.31 Percent [+]
Euro Area 0.05 Sep/14 0.15 4.75 0.05 Percent [+]
France 0.05 Sep/14 0.15 4.75 0.05 Percent [+]
Germany 0.05 Sep/14 0.15 4.75 0.05 Percent [+]
India 8.00 Sep/14 8.00 14.50 4.25 Percent [+]
Indonesia 7.50 Sep/14 7.50 12.75 5.75 Percent [+]
Italy 0.05 Sep/14 0.15 4.75 0.05 Percent [+]
Japan 0.00 Sep/14 0.00 9.00 0.00 Percent [+]
Mexico 3.00 Sep/14 3.00 9.25 3.00 Percent [+]
Netherlands 0.05 Sep/14 0.15 4.75 0.05 Percent [+]
Russia 8.00 Sep/14 8.00 10.50 5.00 Percent [+]
South Korea 2.25 Sep/14 2.25 5.25 2.00 Percent [+]
Spain 0.05 Sep/14 0.15 4.75 0.05 Percent [+]
Switzerland 0.00 Sep/14 0.00 3.50 0.00 Percent [+]
Turkey 8.25 Sep/14 8.25 500.00 4.50 Percent [+]
United Kingdom 0.50 Sep/14 0.50 17.00 0.50 Percent [+]
United States 0.25 Sep/14 0.25 20.00 0.25 Percent [+]





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