Indonesia Macro Update - BI Rate Update 09 Jun 2026
KBVS MACRO UPDATE
Tuesday, 9 June 2026
BI Delivers Surprise Inter-Meeting Hike, Reinforces Rupiah Stability Mandate
Bank Indonesia (BI) raised the BI Rate by 25bps to 5.50% at its Weekly Board of Governors Meeting (RDG) on 9 Jun ’26. Notably, this 25bps rate hike was delivered through a Weekly RDG. Going forward, BI will focus on improving the attractiveness and returns of Indonesian financial assets.
BI rate hike also signals the independence and policy flexibility of BI, reinforcing that monetary policy decisions are driven by its mandate to maintain Rupiah stability and keep inflation within target, while still supporting growth in a balanced manner. Looking ahead, BI is expected to maintain a firm pro-stability stance.
Regards,
Fikri C Permana & Khairunnisa N Syahfiraputri - KBVS Research Team