BI Holds Interest Rate at 4.75 Percent in April 2026

REPUBLIKA.CO.ID, JAKARTA – Bank Indonesia (BI) has decided to maintain the benchmark interest rate or BI Rate at 4.75 percent based on the results of the April 2026 Board of Governors’ Meeting. This decision was taken to preserve rupiah exchange rate stability amid rising global uncertainties and to ensure inflation remains within the 2.5±1 percent target. “The Bank Indonesia Board of Governors’ Meeting on 21–22 April 2026 decided to maintain the BI Rate at 4.75 percent, the deposit facility rate at 3.75 percent, and the lending facility rate at 5.50 percent,” said BI Governor Perry Warjiyo during a virtual press conference for the March 2026 Board of Governors’ Meeting on Thursday (19/2/2026). Perry explained that this decision remains consistent with BI’s efforts to enhance the effectiveness of adjusting the interest rate structure of monetary operation instruments in strengthening rupiah exchange rate stabilisation from the impact of worsening global economic conditions due to the escalation of war in the Middle East. “Going forward, Bank Indonesia is prepared to pursue further strengthening of monetary policy as needed to continue maintaining rupiah exchange rate stability and keeping inflation for 2026 and 2027 within the 2.5±1 percent target,” he clarified.