Investor Presentaiton
Bank Indonesia Policy Mix: January 2021
B BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
The BI Board of Governors agreed 20th and 21st January 2021 to hold the BI 7-Day Reverse Repo Rate at
3.75%, while also maintaining the Deposit Facility (DF) rates at 3.00% and Lending Facility (LF) rates at 4.50%
%
Rp
Hold
BI7DRR
at 3,75%
to
maintain
external
stability
Strengthening
the monetary
operations
strategy in
order to
reinforce the
accommodati
ve monetary
policy stance.
Accelerating money market
deepening by strengthening
JISDOR as a rupiah
reference rate against the
US dollar in order to
increase domestic foreign
exchange market credibility
and support exchange rate
stability in Indonesia. Bl
has strengthened JISDOR
in terms of the
methodology, transaction
monitoring period and
publication schedule.
to
Strengthening
accommodative
macroprudential
policy
of
stimulate growth
loans/
financing
allocated
to
priority sectors
towards
national
economic
recovery.
Strengthening
coordinated and
integrated bank
supervision between
Bank Indonesia, the
Indonesian
Financial Services
Authority (OJK) and
Deposit Insurance
Corporation (LPS)
to maintain
financial system
stability.
Strengthening
payment
system policy and rupiah
currency management to
establish a digital economy
and finance ecosystem in
order to accelerate the
economic recovery by:
Applying an integrated and
collaborative strategy to
expand QRIS acceptance and
Implementing
payment
system regulatory reforms
Source: Bank Indonesia
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