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Monthly reverse repo rate of Bank Indonesia 2020

In December 2020, Bank Indonesia's reverse repo rate was 3.75 percent. In 2016, Bank Indonesia implemented a new benchmark interest rate or policy interest rate, namely the BI-7 Day Reverse Repo Rate (BI7DRR), replacing the previous BI Rate. This was to strengthen the monetary operation framework. It is estimated that the rate will decrease even further in 2021 due to the country's current recession.

Monthly reverse repo rate of Bank Indonesia in 2020

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Source

Release date

February 2021

Region

Indonesia

Survey time period

2020

Supplementary notes

The source did not provide a date of publication. The release date is based on the latest date of access.

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