BI Rate Held at 4.75% for Seventh Consecutive Month, Here's Why!

Jakarta, CNBC Indonesia - Bank Indonesia’s Board of Governors has once again maintained the benchmark BI Rate at 4.75% in April 2026. With this Board of Governors’ meeting decision, the BI Rate has been held steady by the central bank for seven consecutive months, since November 2025. BI Governor Perry Warjiyo explained that this decision is part of the central bank’s efforts to safeguard rupiah exchange rate stability. “To strengthen rupiah stability due to the war in the Middle East,” Perry stated during the online press conference following the Board of Governors’ meeting on Wednesday (22/4/2026). Perry also stressed that BI will remain consistent in its current approach to maintaining exchange rate stability and keeping inflation movements within this year’s target range of 2.5% plus or minus 1%. “BI is prepared to implement further policies to preserve the rupiah and keep inflation within the 2.5% plus or minus 1% target,” he asserted.