{
    "success": true,
    "data": {
        "id": 1828196,
        "msgid": "energy-prices-rise-due-to-war-bi-assures-stability-is-maintained-1782625842",
        "date": "2026-06-28 12:30:30",
        "title": "Energy Prices Rise Due to War, BI Assures Stability Is Maintained",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia has raised its benchmark interest rate by a cumulative 100 basis points since May 2026 to 5.75% to safeguard financial stability amid global pressures. The central bank is also deploying macroprudential incentives and payment system relief to support priority sector lending and the rupiah. Geopolitical tensions in the Middle East are driving up energy and non-subsidised fuel prices, posing an inflation risk, while higher coal prices present an opportunity for state revenue.",
        "content": "<p>The Bank Indonesia Board of Governors meeting in June 2026 decided to\nraise the benchmark interest rate by 25 basis points. This policy brings\nthe BI Rate to 5.75%, following a cumulative increase of 100 basis\npoints since May 2026. Senior Deputy Governor of Bank Indonesia, Destry\nDamayanti, stated that the interest rate policy is part of the central\nbank\u2019s mandate to maintain the stability of Indonesia\u2019s financial\nsystem. Amidst immense global pressures, BI is prioritising stability\nwhile still ensuring steps to encourage growth. The 100 basis point BI\nRate hike, which is BI\u2019s monetary instrument for maintaining stability,\nhas been accompanied by the implementation of macroprudential policies\nthrough incentives for banks willing to channel credit to priority\nsectors, amounting to IDR 420 trillion. In the payment system, BI is\nproviding transaction relief for MSMEs and deepening financial markets,\nsteps expected to help maintain rupiah exchange rate stability. Global\nuncertainty is driving a strengthening of the Dollar Index and putting\npressure on major global currencies, including the rupiah. Therefore,\nthrough the BI Rate increase, it is hoped that the attractiveness of\nrupiah instruments for foreign investors will improve, with net inflows\ninto government bonds and Bank Indonesia Rupiah Securities reaching over\nIDR 103 trillion as of June 2026. BI also highlighted geopolitical\ndevelopments in the Middle East impacting energy price rises, which in\nturn affect non-subsidised fuel prices and could stoke inflation. On the\nother hand, rising prices for other commodities such as coal present an\nopportunity to increase the country\u2019s foreign exchange earnings.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/energy-prices-rise-due-to-war-bi-assures-stability-is-maintained-1782625842",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}