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[SITUATION] · [QUIET] · [BUSINESS]
15 clusters · 48 sources · 87 days · First seen · Last updated
Bank Indonesia maintains 5.75% rate to stabilize rupiah
Overview
Bank Indonesia (BI) maintained its benchmark BI Rate at 5.75% following a Board of Governors' meeting on August 18–19, 2026. Acting Governor Destry Damayanti stated the decision aims to reinforce rupiah stability amid global volatility and keep inflation anchored near the government's target range of 2.5% plus or minus 1%. The decision also kept the deposit facility rate at 4.75% and the lending facility rate at 6.5%.
To bolster foreign exchange supplies and liquidity, BI is expanding hedging swap incentives. A 12.5% premium reduction is now available for transactions involving bank foreign loans and foreign direct investment (FDI), supplementing existing incentives for portfolio inflows. Additionally, base money (M0) grew by 18.3% year-on-year in July 2026.
In the equity markets, the Indonesia Composite Index (IHSG) rose 1.68% to reach the 6,501 level on August 20, 2026, driven by commodity and mining stocks. Foreign investors recorded a net buy of Rp680.5 billion. Meanwhile, the Indonesia Stock Exchange (BEI) announced plans to lower the minimum stock price from Rp50 to Rp1, effective September 7, 2026, to improve liquidity and price discovery.
To strengthen the national gold market ecosystem, the Indonesia Bullion Market Association (IBMA) was officially launched. This supports government efforts to tap into an estimated 1,800 tons of public physical gold holdings through a bullion bank ecosystem. BI continues to monitor potential inflationary pressures from the El Nino phenomenon through October 2026.
Entities
Bank Indonesia · PT Bank Negara Indonesia Tbk · Ricky Perdana Gozali · Thomas A. M. Djiwandono · Indonesia Stock Exchange
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 8 SOURCES] Bank Indonesia maintained its benchmark interest rate at 5.75 percent.
- [● 3 SOURCES] The deposit facility interest rate was held at 4.75 percent and the lending facility rate at 6.5 percent.
- [● 3 SOURCES] Banking credit grew by 13.58 percent year-on-year in July 2026.
- [● 3 SOURCES] Macroprudential Liquidity Incentive (KLM) reached Rp 446.5 trillion by the first week of August 2026.
- [● 3 SOURCES] The Indonesia Composite Index (IHSG) rose 1.68 percent to the 6,501 level on August 20, 2026.
- [● 2 SOURCES] Bank Indonesia is providing a 12.5 percent premium reduction incentive for hedging swaps involving bank foreign loans and foreign direct investment (FDI).
- [● 2 SOURCES] The aggregate non-performing loan (NPL) ratio was 2.09 percent gross and 0.82 percent net in June 2026.
- [● 2 SOURCES] The capital adequacy ratio (CAR) stood at 23.70 percent in June 2026.
- [● 2 SOURCES] MSME credit growth reached only 1.2 percent through mid-2026.
- [● 2 SOURCES] Public physical gold holdings in Indonesia are estimated at 1,800 tons.
- [● 2 SOURCES] The Indonesia Bullion Market Association (IBMA) was officially launched to strengthen the national gold market ecosystem.
- [● 2 SOURCES] The Indonesia Stock Exchange (BEI) plans to lower the minimum stock price from Rp50 to Rp1, effective September 7, 2026.
Timeline
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24 days ago
[BUSINESS] 17 sourcesBank Indonesia maintains interest rate at 5.75 percentBank Indonesia held its interest rate at 5.75% to stabilize the rupiah. Meanwhile, the IHSG rose to 6,501, and the Indonesia Stock Exchange plans to lower minimum stock prices to Rp1.
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about 2 months ago
[BUSINESS] 7 sourcesBank Indonesia Holds Rate as Bond Yields Rise and Policy Tools ExpandBank Indonesia kept its benchmark at 5.75%, SBN yields rose to ~7.35%, while it leaned on SRBI securities and LPS lifted guarantee rates; Bank bjb Syariah’s Haji savings grew 20% YoY.
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about 2 months ago
[BUSINESS] 16 sourcesIndonesia Bank Credit Surges to 12.7% YoY in June 2026Bank Indonesia says bank credit jumped 12.7 % YoY in June 2026, M2 hit Rp 10.43 trillion (+8.7 %), policy rate stayed at 5.75 %, and OJK eyes green‑loan targets.
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about 2 months ago
[BUSINESS] 13 sourcesBank Indonesia reports expanding manufacturing sector and stronger business activityBank Indonesia reports modest manufacturing expansion, higher business activity, monitors bank liquidity, while food reserves stay secure, crypto prices rise after US inflation dip, and wakaf assets hit Rp 30 t
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2 months ago
[BUSINESS] 3 sourcesBank Indonesia sees June consumer confidence fall, retail sales hold upBank Indonesia reported June 2026 consumer confidence fell to 117.8 but stayed optimistic, and forecast retail sales to contract only 0.8% month‑to‑month, aided by school holidays and holiday‑season demand.
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2 months ago
[BUSINESS] 3 sourcesIndonesia banks face squeezed profit margins as rates riseIndonesia’s bank profit margins fell to 2.19% in April 2026 after BI raised the benchmark rate to 5.75%, with higher operational costs and caution on loan‑rate hikes keeping pressure through 2026.
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2 months ago
[BUSINESS] 2 sourcesIndonesia's Deposit Insurance Agency reports banking sector resilience and strong state bank profits in 2026Indonesia's Deposit Insurance Agency reports rising deposits and high claim payouts, while state‑owned banks post strong profit and credit growth in early 2026, outpacing private BCA.
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3 months ago
[BUSINESS] 9 sourcesIndonesia raises deposit guarantee rates to bolster banking stabilityLPS raised Indonesia's deposit guarantee rates to 3.75% (commercial banks) and 6.25% (BPR) from July 1 2026, amid BI rate hikes, to sustain banking confidence; deposits grew 13.4% YoY and special‑rate accounts
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3 months ago
[BUSINESS] 4 sourcesBank Indonesia raises policy rate to 5.75% as money supply surges double‑digit in MayBank Indonesia raised its policy rate to 5.75% and reported a 10.8% YoY rise in M2, credit growth of 10.8%, and a Rp 156.98 trillion SBN purchase to support liquidity and the rupiah.
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3 months ago
[BUSINESS] 5 sourcesBank Indonesia raises benchmark rate by 25 bps to 5.75% to support the rupiahBank Indonesia raised its rate by 25 bps to 5.75% to defend the rupiah, marking its sixth hike in eight months and lifting corporate refinancing costs.
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3 months ago
[BUSINESS] 10 sourcesBank Indonesia lifts benchmark rate to 5.75%, sparking market rally and business responseBank Indonesia raised its rate to 5.75%, boosting the stock market, expanding SBN purchases, and drawing mixed reactions from business groups and economists over rupiah stability and loan costs.
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3 months ago
[BUSINESS] 4 sourcesBank Indonesia consumer confidence May 2026 stays optimistic despite dipBank Indonesia’s May 2026 consumer confidence index held at 120.9, down from April, while current economic conditions fell to 112.2 and debt‑to‑income rose to 10.2%.
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3 months ago
[BUSINESS] 3 sourcesBank Indonesia hikes benchmark rate, triggering market and business concernsBank Indonesia raised its benchmark rate to 7.5% in March 2024 and again to 5.5% in June 2026, aiming to stabilise the rupiah and curb inflation, while businesses warn of higher loan costs.
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3 months ago
[BUSINESS] 3 sourcesBank Indonesia launches weekly money‑market yield curve reportBank Indonesia started a weekly money‑market yield‑curve publication on 8 June 2026 to improve market transparency and policy transmission.
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4 months ago
[BUSINESS] 5 sourcesBank Indonesia raises benchmark rate to 5.25% and signals gradual loan‑rate pass‑throughBank Indonesia lifted its benchmark to 5.25% to support the rupiah; experts expect loan rates to rise gradually over 3‑6 months, with limited immediate impact on borrowers.
Sources
antaranews.com · archynewsy.com · bandung24jam.republika.co.id · barbaraganz.blog.ilsole24ore.com · bisnis.liputan6.com · bitcoinethereumnews.com · cari.republika.co.id · ceritaanda.viva.co.id · clovermedia.jp · cnbcindonesia.com · duta.co · economy.okezone.com · ekbis.harianjogja.com · ekbis.sindonews.com · en.antaranews.com · gopos.id · hnk-sibenik.hr · inews.id · insight.kontan.co.id · japon.embajada.gov.co · joglosemar.co.id · jpnn.com · katadata.co.id · keuangan.kontan.co.id · m.jpnn.com · matabangsa.com · medcom.id · mediaindonesia.com · memesita.com · minews.id · niaga.asia · novagradiska.hr · okezone.com · paparazzi.com.ar · pemilu2024.harianjogja.com · politik.news.viva.co.id · ramenten.republika.co.id · republika.co.id · rmol.id · ruzka.republika.co.id · sorong.tribunnews.com · suarainvestor.com · sulselsatu.com · tnonline.com.br · us.en.news.viva.co.id · utusan.com.my · viva.co.id · world-today-news.com
This summary has been updated 10 times: see revision history