Inflation Control and Financial Facilities Strategy
Bank Indonesia Policy Mix: November 2020
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
The BI Board of Governors agreed on 18th and 19th November 2020 to lower the BI 7-day Reverse Repo Rate
by 25 bps to 3.75%, Deposit Facility (DF) rate by 25 bps to 3.00% and Lending Facility (LF) rate by 25 bps to
4.50%.
୪୧
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Committing to
providing
liquidity to
stimulate
Lower
economic
BI7DRR
recovery,
at 25
including
bps to
supporting
3,75%
Government in
accelerating
2020 state
budget
realization
Rp
Maintaining
rupiah
stabilization
policy in line
with
fundamental
value &
market
mechanisms
Strengthening the
monetary operations
strategy in order to
accelerate monetary
policy transmission
and accelerate the
deepening of the
development of the
foreign exchange
market and the
domestic financial
market through the
implementation of
BPPU 2025
Strengthening
macroprudential
policy to
stimulate
inclusive
financing, in
particular for
small and
medium
enterprises
(SMEs)
Strengthening payment
system digitalization in
order to build economic
recovery momentum
through several digital
transformation initiatives,
including: expanding
access to digital financial
economy services for
SMEs & public,
collaboration between
banks & fintech;
promoting broader
acceptance of digital
payments through the
QRIS
Source: Bank Indonesia
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