Investor Presentaiton
Bank Indonesia Policy Mix: August 2021
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
The BI Board of Governors agreed on 18th and 19th August 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% .
%
Rp
Hold the
BI 7-Day
Reverse
Repo
Rate at
3.50%
by
• Continuing the strengthening
strategy for monetary operations
to reinforce the effectiveness of
accommodative monetary policy.
• Nurturing intermediation
strengthening prime lending rate
(PLR) transparency with an
emphasis on the risk premium and
its impact on setting interest rates
for new loans across various
credit segments
Maintaining
rupiah exchange
rate policy to
preserve stability
in line with the
currency's
fundamental
value and
market
mechanisms.
Maintaining a seamless
and reliable payment
system, while
supporting government
programs through
collaborative trials of
social aid program
(bansos) digitalisation
and the Government
Transaction
Electronification
program.
Accelerating Quick
Response Code
Indonesia Standard
(QRIS) uptake,
including cross-
border QRIS, and
implementing the
National Open API
Payment Standard
(SNAP) towards
broader digital
economic and
financial integration.
Promoting trade and
investment as well as
continuing to socialise
the use of local currency
settlement (LCS) in
conjunction with other
relevant institutions. In
August and September
2021, Bank Indonesia will
promote trade and
investment in the United
Arab Emirates, China,
Australia, Sweden, UK,
Singapore and Malaysia.
Source: Bank Indonesia
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