Investor Presentaiton
Bank Indonesia Policy Mix: July 2021
B
BANK INDONESIA
BANK SENTRAL REPUBLIK INDONESIA
The BI Board of Governors agreed on 21st and 22nd July 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%
%
P
Rp
Hold the
BI 7-Day
Reverse
Repo
Rate at
3.50%
Continuing the strengthening
strategy
for
monetary
operations to reinforce the
effectiveness
accommodative
policy.
of
monetary
• Nurturing intermediation by
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.
Strengthening the payment
system ecosystem through
PBI PJP/PIP implementation
to simplify a more efficient
licensing/approval process,
while fostering innovation in
terms of payment system
services.
secure
Increasing support for a fast,
simple, affordable,
and reliable payment system
that underpins government
social aid program (bansos)
disbursements and online
transaction efficiency.
Strengthening exports
by extending the SPE
exemptions that were
due to end on 29th
November 2020 until
31st December 2022
in order to exploit
increasing demand in
trading partner
countries as well as
rising international
commodity prices.
Promoting trade and
investment as well as
continuing to socialise
the use of local
currency settlement
(LCS) in conjunction
with other relevant
institutions. In July
and August 2021,
Bank Indonesia will
promote trade and
investment in Japan,
United States, Sweden
and Singapore.
Source: Bank Indonesia
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