Information about the organisation, transformation and history of Bank Indonesia as the central bank of the Republic of Indonesia.
Information about the main functions and responsibilities of Bank Indonesia to achieve and maintain rupiah stability.
Information about the rupiah as the currency of the Republic of Indonesia managed by Bank Indonesia pursuant to prevailing laws and regulations.
Bank Indonesia’s publications include regulations, reports and papers, as well as the calendar of activities
Statistics include historical indicators for all sectors under the jurisdiction of Bank Indonesia.
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Bank Indonesia maintains public information in accordance with the Public Information Disclosure Act of 2008.
Indonesia was selected to host the IMF-World Bank Annual Meetings in 2018 (AM 2018). The annual meetings are the largest such event in the world of economics and finance, attended by Central Bank Governors and Finance Ministers from the 189 member countries as well as representatives from the private sector, academia, NGOs and the media. In total, the participants numbered 15,000. Accompanying the annual meetings, a number of side events were also organised, including seminars, investment forums, focus group discussions (FGD), workshops and cultural events. The meetings conferred a number of short and long-term benefits on Indonesia, particularly in terms of increasing reserve assets, trade and investment, while boosting tourism and underpinning Indonesia's leadership status in the region. The overarching goal of hosting the 2018 Annual Meetings was to showcase Indonesia and Asia to the world as reformed, resilient and progressive economies.
SiMoDIS strengthens policy relating to the monitoring of foreign exchange proceeds from exports, which integrates export and import data, whilst synergising Government and Bank Indonesia policies relating to exports and imports in real-time. Technically, SiMoDIS integrates the flow of documents, goods and money through export and import documentation from the Directorate General of Customs and Excise as well as tax identification number (NPWP) data from the Directorate General of Taxes with incoming export data and outgoing import data from the Financial Transaction Messaging System and foreign exchange banks. Consequently, SiMoDIS will provide comprehensive export and import information to the Ministry of Finance and Bank Indonesia.
Bank Indonesia has expanded the underlying assets for Bank Indonesia Sukuk (SukBI) to include global sukuk held by Bank Indonesia. In addition, Bank Indonesia has refined the Bank Indonesia Islamic Deposit Facility (FASBIS) based on the recommendations of the National Sharia Board of the Indonesian Council of Ulama (DSN-MUI), replacing wadi’ah with ju’alah contracts. The regulations are effective from 29th April 2019.
IndONIA serves as a benchmark rate for the money market, reflecting actual interest rates in the money market calculated periodically and available to market players as a reference when determining lending rates, price setting and evaluating the performance of financial instruments. IndONIA is the overnight interbank rate index average for unsecured rupiah lending and borrowing in Indonesia. IndONIA is based on the volume-weighted average of all daily transaction data reported by the banking industry to Bank Indonesia through the commercial bank daily reporting system from 07:00 – 18:00 (WIB), with the online correction window extended until 19:00 (WIB).
Bank Indonesia issued regulations concerning DNDF transactions in order to increase rupiah exchange rate stability, accelerate domestic foreign exchange market deepening and mitigate currency risk. The regulation also aims to provide economic players an alternative hedging instrument in the domestic foreign exchange market, complementing the existing hedging instruments. Furthermore, the new regulation will bolster exporter, importer and investor confidence when conducting economic and investment activities through greater transaction convenience when hedging against currency risk.
Seeking to stimulate a balanced and quality bank intermediation function that supports national economic growth and maintains financial system stability, Bank Indonesia decided to adopt a more accommodative macroprudential policy stance in the property sector by adjusting: