Investor Presentaiton
Bank Indonesia Policy Mix: September 2022
BB BANK
BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
The BI Board of Governors agreed on 21st and 22nd September 2022 to raise the BI 7-Day Reverse Repo Rate by
50bps to 4.25%, while also raising the Deposit Facility and Lending Facility rates by 50bps to 3.50% and 5.00%
%
୪୧
Rp
Raise
the Bl
7-Day
Reverse
Repo
Rate to
4.25%
Strengthening
monetary
operations by
increasing the
interest rate
structure in the
money market in
accordance with
the higher BI7DRR
to lower inflation
expectations and
return core inflation
to the target.
•
•
Strengthening rupiah stabilisation policy as
part of the measures to control inflation
through foreign exchange market intervention,
including spot and DNDF transactions, as well
as buying/selling SBN in the secondary
market.
Continuing operation twist through the
buying/selling of SBN in the secondary
strengthen rupiah
to
market
stabilisation
policy by increasing the attractiveness of SBN
yields for foreign portfolio investment inflows
by raising short-term SBN yields in line with
the higher BI7DRR and creating a flatter long-
term SBN yield structure considering the
transient nature of current inflationary
pressures, with inflation expected to return to
the target corridor in the medium-long term.
Maintaining prime
lending rate
transparency
policy in the
banking industry
with a focus on
bank profitability
Accelerating and
expanding regional
payment digitalisation by
utilising the momentum
created by announcing
the winners of the
National Working Group
to Accelerate and
Expand Local
Digitalisation (P2DD)
Championship.
Accelerating the
milestone of 15
million QRIS
users and
increasing BI-
FAST use in
payment
transactions.
Source: Bank Indonesia
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