Indonesian Political, Business & Finance News

Video: Rupiah Under Pressure, BI Steps In

| Source: CNBC Translated from Indonesian | Economy
Video: Rupiah Under Pressure, BI Steps In
Image: CNBC

Bank Indonesia recently raised the BI Rate, the central bank’s benchmark interest rate, by 25 basis points from 5.25% to 5.5% during a weekly Board of Governors Meeting on 9 June. This increase was somewhat surprising, as interest rate announcements are typically decided in the monthly Board of Governors Meeting, which for June was scheduled for 17-18 June. So, what caused Bank Indonesia to suddenly raise interest rates? What is the impact on the public amidst current economic conditions? Watch Crysania Suhartanto’s full presentation on CNBC Indonesia’s Power Lunch programme (Thursday, 11/06/2026).

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