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The Central Bank of the Republic of Indonesia is in charge of making interest rate decisions in Indonesia. Policymakers started in April 2016 that the official discount rate would be replaced with a new 7-day reverse repurchase rate commencing in August 2016. On an end-of-period basis, this is the rate at which central banks lend or discount qualifying paper for deposit money banks.

A higher than expected figure should be seen as positive (bullish) for the IDR while a lower than expected figure should be seen as negative (bearish) for the IDR.

Source: Bank Indonesia
Category:  Interest Rate
Units: Percent
Impact: Medium
Currency: IDR
Latest Release
Previous: 5.75%
Consensus: 5.75%
Actual: 5.75%
Next Release
Date: Oct 19, 07:30
Time left: 25 days