Bank Indonesia Holds Interest Rate at 6.25% to Support Economic Growth and Inflation Stability

May 22, 2024
Bank Indonesia Holds Interest Rate at 6.25% to Support Economic Growth and Inflation Stability
  • Bank Indonesia maintains benchmark interest rate at 6.25 percent for stable inflation and economic growth.

  • Governor Perry Warjiyo stresses managing foreign capital inflows and rupiah exchange rate stability.

  • Central bank implements pro-stability monetary policies and promotes credit access to businesses and households.

  • BI strengthens policy coordination with government and partners to ensure macroeconomic stability.

  • Indonesia's economy shows improvement with lower food prices and inflation levels despite external pressures.

  • Maintaining overall inflation within the target range remains a priority amidst potential risks.

Summary based on 1 source


Get a daily email with more Macroeconomics stories

More Stories