BI RATE
No Change

BANK Indonesia maintains the reference rate or BI Rate at the level of 6.5 percent—after declining by 300 basis points since December last year. This policy has been adopted by considering the possible return of inflation to its normal pattern next year.

Bank Indonesia Senior Deputy Governor Darmin Nasution said in Jakarta on Thursday last week the BI Rate of 6.5 percent was appropriate to aim at the inflation target of 5 pl