Bank Indonesia Keeps Policy Rate Steady Amid Currency Stability Focus

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Indonesia 22 April 2026 (The Capital Post) – Indonesia’s central bank has opted to maintain its benchmark interest rate at 4.75% during its April policy meeting, matching market expectations and extending its long-standing pause in monetary adjustments.

Bank Indonesia’s decision marks another month of holding borrowing costs unchanged as policymakers continue to prioritise rupiah stability and support for overall economic growth. The central bank also kept its overnight deposit facility rate at 3.75% and lending facility rate at 5.50%, signalling a consistent policy stance.

The move comes amid ongoing global uncertainty, particularly linked to geopolitical tensions that have contributed to capital outflows from emerging markets and mild pressure on the Indonesian currency. Despite these external challenges, the rupiah has remained a key focus for the central bank’s policy direction.

Inflation in Indonesia has shown signs of moderation, recently easing from earlier peaks and remaining within the central bank’s target range, supporting the decision to avoid any immediate tightening or easing. Officials continue to monitor price stability while balancing the need to sustain domestic economic momentum.

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Economic growth projections remain broadly steady, with policymakers maintaining confidence that Indonesia’s expansion will stay resilient despite external headwinds and volatile global financial conditions.

Bank Indonesia reiterated that future policy decisions will remain data-driven, with emphasis on inflation trends, currency stability, and global economic developments.-The Capital Post