#Indonesian Central Bank
Rupiah weakens to 16,607 per dollar as BI vows to maintain stability
The rupiah slipped past Rp16,600 against the U.S. dollar on Monday, September 22, 2025, pressured by both global and domestic factors, Indonesian Central Bank (BI) Governor Perry Warjiyo told legislators in a hearing with Finance Commission XI of the House of Representatives (DPR).
BI cuts key rate to 4.75% in surprised move, defying market expectations
The Indonesian Central Bank (BI) unexpectedly lowered its benchmark interest rate by 25 basis points (bps) to 4.75 percent on Wednesday, September 17, 2025, surprising markets that had broadly anticipated a hold.
BI cuts rate to 5 percent for third time this year
The Indonesian Central Bank (BI) on Wednesday lowered its benchmark interest rate by 25 basis points to 5 percent, marking the third cut this year as the central bank seeks to spur growth amid controlled inflation and a stable outlook.
BI-RBA renew bilateral Currency Swap agreement
The Indonesian Central Bank (BI) and the Reserve Bank of Australia (RBA) have renewed their Bilateral Currency Swap Agreement (BCSA) after the agreement was signed by BI Governor Perry Warjiyo and RBA Governor Michele Bullock and will be effective from March 4, 2025.
Rupiah drops to lowest level in five years, BI to intervene the market
The rupiah exchange rate against the United States (U.S.) dollar has weakened sharply again due to global sentiment, with the Indonesian Central Bank (BI) revealing that the rupiah depreciation was triggered by the trade tariff policy announced by President Donald Trump.