Interest rate decision · Indonesia

Indonesia Interest Rate Decision

The Indonesia Interest Rate Decision is Bank Indonesia's announcement of its main policy rate, the BI-Rate. It is the price of money in Indonesia: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

الأهمية
Medium
صدر
Monthly
الإصدار التالي
العملة
IDR · Indonesian rupiah
البنك المركزي
Bank Indonesia

أحدث الأرقام

صدر آخر إصدار في 2026-10-21 وجاء عند 5.75%. هذا أدنى من الإجماع البالغ 6%. دون تغيير عن 5.75% في المرة السابقة.

A lower rate than expected usually weakens the Indonesian rupiah, lowers bond yields and supports stocks.

خلال آخر 12 إصدارات تراوح بين 4.75% و5.75%، بمتوسط 5.19%.

Nov 2025: 4.75%Dec 2025: 4.75%Jan 2026: 4.75%Feb 2026: 4.75%Mar 2026: 4.75%Apr 2026: 4.75%May 2026: 5.25%Jun 2026: 5.50%Jun 2026: 5.75%Aug 2026: 5.75%Sep 2026: 5.75%Oct 2026: 5.75% Nov 2025Oct 2026
النتائج الفعلية؛ والخط القصير على العمود يحدد الإجماع.
صدرالمدةالفعليالتوقعاتالسابق
21 Oct 2026–5.75%6%5.75%
23 Sep 2026–5.75%5.75%5.75%
19 Aug 2026AUG5.75%5.75%5.75%
18 Jun 2026–5.75%5.75%5.50%
9 Jun 2026–5.50%–5.25%
20 May 2026–5.25%5%4.75%
22 Apr 2026–4.75%4.75%4.75%
17 Mar 2026–4.75%4.75%4.75%
19 Feb 2026–4.75%4.75%4.75%
21 Jan 2026–4.75%4.75%4.75%
17 Dec 2025–4.75%4.75%4.75%
19 Nov 2025–4.75%4.75%4.75%

اعرضه في المفكرة الاقتصادية ←

لماذا يهم

No release moves markets more directly. The rate decides what holding the Indonesian rupiah pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.

طريقة الحساب

There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.

Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gap

ما تعنيه التغيرات

  • Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
  • Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
  • Look at the vote split: dissents in one direction often foreshadow the next move.
  • A hike or hawkish hold usually lifts the Indonesian rupiah and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.

أعلى من المتوقع: A higher rate than expected (or a hawkish surprise) usually lifts the Indonesian rupiah and bond yields and weighs on stocks.

أقل من المتوقع: A lower rate than expected usually weakens the Indonesian rupiah, lowers bond yields and supports stocks.

لمحة تاريخية قصيرة

Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.

الأسئلة

What is the Indonesia Interest Rate Decision?

The Indonesia Interest Rate Decision is Bank Indonesia's announcement of its main policy rate, the BI-Rate. It is the price of money in Indonesia: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

What was the latest Indonesia Interest Rate Decision?

5.75%, published on 21 October 2026 (consensus 6%, previous 5.75%).

When is the next Indonesia Interest Rate Decision?

On Wednesday 18 November 2026 at 07:30 UTC.

When is the Indonesia Interest Rate Decision announced?

On the dates of Bank Indonesia's scheduled policy meetings, published a year in advance; the calendar above shows the next one.

Why do markets move before the decision?

Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.

محتوى تعليمي فقط، وليس نصيحة استثمارية. الأرقام هي النتائج المنشورة كما سجّلتها مفكرتنا؛ وردود فعل السوق الموصوفة نموذجية وليست مضمونة.