Bank Indonesia Defends Mixed Policy Mix of Rate Hold, Deposit Hike and Reserve Cuts

Name: Bank Indonesia Defends Mixed Policy Mix of Rate Hold, Deposit Hike and Reserve Cuts
Uploaded: 2026-10-23T11:02:55.181209+00:00
Description: Bank Indonesia held its BI-Rate at 5.75% on Oct. 21, 2026, while raising the overnight deposit facility rate and cutting reserve requirements in a package economists called perplexing. The bank said the combination targets different channels: monetary stability, bank liquidity and currency support.

Bank Indonesia held its BI-Rate at 5.75% on Oct. 21, 2026, while raising the overnight deposit facility rate and cutting reserve requirements in a package economists called perplexing. The bank said the combination targets different channels: monetary stability, bank liquidity and currency support.

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