Bank Indonesia Raisis BI Rate 25 bps to 9.50% - Bank Sentral Republik Indonesia
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April 19, 2019

No. 10/45/PSHM/Humas

In the Board of Governors’ Meeting held today, Bank Indonesia decided to increase the BI Rate by 25 bps to 9.50%.

“This decision was taken after careful examination and deliberation of recent developments in global finance and the global economy and the possible impact on the national economy. Bank Indonesia has also conducted an in-depth assessment of the prospects for domestic demand, the balance of payments and financial sector resilience in Indonesia within the context of the changing global environment," emphasised Governor of Bank Indonesia Boediono. To curb inflation, Bank Indonesia is taking further actions to optimise the use of all monetary policy instruments at its disposal. Rupiah stabilisation is focused on efforts to avoid excessive turmoil in the exchange rate. The current movement in the exchange rate is for the most part consistent with developments in regional currencies.

Further ahead, Bank Indonesia will also maintain coordination with the Government in monitoring of developments and taking the necessary actions to safeguard Indonesia’s financial resilience and stability and in so doing ensure the sound management of the financial system.
For a full report on the latest economic conditions, monetary developments, inflation, exchange rate, balance of payments and economic outlook, refer to the Bank Indonesia Monetary Policy Report to be published on the Bank Indonesia website (http://www.bi.go.id) on 14 October 2008.


Jakarta, 7 October 2008 
Office of The Governor

Dyah N.K. Makhijani
Director

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