Investor Presentaiton
Bank Indonesia Policy Mix: September 2020
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
BHINNIKA
The BI Board of Governors agreed on 16th and 17th September 2020 to hold the BI 7-Day Reverse Repo Rate at 4.00%, while
also maintaining the Deposit Facility (DF) and Lending Facility (LF) rates at 3.25% and 4.75%.
%
Rp
Holds
BI7DRR at
4,00%
Focusing on the
quantity channel
by providing
liquidity to
stimulate
economic recovery
from the COVID-
19, including BI
supporting for the
Government in
accelerating state
budget realization
in 2020
Maintaining
rupiah
exchange rate
stabilization
policy in line
with the
currency's
fundamental
value and
market
mechanisms
Strengthening monetary operations
strategy in order to accelerate
monetary policy transmission and
Extending the 50bps lower on rupiah
reserve requirements, as an incentive
for banks disbursing loans to small
and medium enterprises (SMEs) and
for export-import activity as well as to
non-SMEs operating in priority sectors
as stipulated in the national economic
recovery program, from 31st Dec' 20
previously until 30th Jun'21;
Accelerating
development of
money market
instruments to
support corporate
and SME
financing in line
with the national
economic
recovery program;
and
Expanding QRIS
acceptance in order to
bolster the economic
recovery and accelerate
SME development by
extending the 0%
Merchant Discount Rate
(MDR) for micro-
businesses from 30th
Sept 20 previously until
31st Dec'20.
Source: Bank Indonesia
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