Investor Presentaiton
Bank Indonesia Policy Mix: April 2021
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
The BI Board of Governors agreed on 19th and 20th April 2021 to hold the BI 7-Day Reverse Repo Rate at 3.50%, while
also maintaining the Deposit Facility (DF) rates at 2.75% and Lending Facility (LF) rates at 4.25%.
%
Hold
the Bl
7-Day
Reverse
Repo
Rate at
3.50%
Strengthening the
monetary operations
strategy to bolster the
accommodative
monetary policy stance
and strengthening Prime
Lending Rate (SBDK)
transparency in the
banking industry, while
coordinating with the
Government and other
relevant authorities to:
(i) accelerate monetary
policy transmission to
lending rates in the
banking industry; and
(ii) stimulate
lending/financing to the
corporate sector
Source: Bank Indonesia
Rp
Strengthening
rupiah
exchange rate
policy by
maintaining
market
presence
through triple
intervention
policy to
preserve
exchange rate
stability in line
with the
currency's
fundamental
value and
market
mechanisms.
Maintaining
accommodative
macroprudential policy
by holding the
countercyclical capital
buffer (CCyB) at 0%,
the Macroprudential
Liquidity Buffer (MPLB)
at 6% with repo
flexibility at 6%, as
Iwell as the Sharia
Macroprudential
Liquidity Buffer at 4.5%
with repo flexibility
also at 4.5%.
Extending
the National
Clearing
System
(SKNBI)
pricing
policy to
accelerate
national
economic
recovery
momentum.
•
• Strengthening QRIS policy to accelerate
inclusive and efficient economic and
financial digitalisation by:
☐ Raising the QRIS transaction limit
from Rp2 million to Rp5 million,
effective from 1st May 2021; and
☐ Lowering the Merchant Discount Rate
(MDR) for Public Services Agencies
(BLU) and Public Service Obligations
(PSO) from 0.7% to 0.4%, effective
from 1st June 2021.
• Safeguarding the security, reliability and
uninterrupted availability of payment
system
and rupiah
currency
management services during the
Ramadan and Eid-ul-Fitr 1442 H festive
period.
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