BI Rate Held at 4.75 Per Cent in February 2026

Jakarta, VIVA – Bank Indonesia (BI) Governor Perry Warjiyo announced that the Board of Governors Meeting (RDG) has decided to hold the BI Rate at 4.75 per cent.

Perry added that the RDG meeting on 18 and 19 February 2026 also resolved to maintain the Deposit Facility rate at 3.75 per cent and the Lending Facility rate at 5.5 per cent.

“The Board of Governors Meeting of Bank Indonesia on 18 and 19 February 2026 decided to maintain the BI Rate at 4.75 per cent,” Perry said during a press teleconference on Thursday, 19 February 2026.

“Likewise, the Deposit Facility rate remains at 3.75 per cent and the Lending Facility rate remains at 5.50 per cent,” he stated.

Perry emphasised that the decision is consistent with the current policy focus on strengthening the stabilisation of the rupiah exchange rate amid persistently high global financial market uncertainty. This was undertaken to support the achievement of the 2026 inflation target and to encourage economic growth.

Looking ahead, Perry assured that BI will continue to strengthen the effectiveness of monetary policy easing transmission and macroprudential policies that have been implemented thus far, whilst monitoring scope for further BI Rate cuts.

“In line with the forecast that inflation in 2026–2027 will remain low and within the target of 2.5 plus or minus 1 per cent, and efforts to support higher economic growth,” Perry said.

BI’s macroprudential policy also continues to be directed towards encouraging economic growth on a pro-growth basis through increased credit and financing to the real sector, particularly government priority sectors.

Furthermore, Perry continued, the policy aims to accelerate the reduction of bank lending rates through the implementation of the Macroprudential Liquidity Incentive Policy (KLM), whilst maintaining prudential principles in the banking sector.

“Payment system policy continues to be directed towards supporting economic growth through strengthening synergies in expanding digital payment acceptance, reinforcing the structure of the payment system industry, and improving the reliability and resilience of payment system infrastructure,” he said.