Tok! BI Holds Reference Interest Rate at 4.75 Percent in October 2025

Key Points

• Bank Indonesia maintains the BI Rate at 4.75 percent, with the Deposit Facility interest rate at 3.75 percent and the Lending Facility at 5.5 percent in October 2025.
• This decision is in line with the low inflation projection for 2025–2026 in the range of 2.5±1 percent and efforts to maintain exchange rate stability amid global uncertainty.
• BI is strengthening its macroprudential policy and digital payment system to lower credit interest rates, increase liquidity, and support sustainable economic growth.

Jakarta – Bank Indonesia (BI) has decided to hold its benchmark interest rate, or BI Rate, at 4.75 percent, unchanged from the previous rate of 4.75 percent. Similarly, the Deposit Facility rate and Lending Facility rate will also remain unchanged at 3.75 percent and 5.5 percent, respectively, in October 2025.
“Based on the results of the assessment of future projections and the measurement of various risks that may arise, the Bank Indonesia Board of Governors’ Meeting on October 21 and 22, 2025, decided to maintain the BI Rate at 4.75 percent,” said Perry Warjiyo, Governor of Bank Indonesia (BI) at the Board of Governors’ Meeting (RDG) on Wednesday, October 22, 2025.

Perry said this decision is consistent with the 2025 and 2026 inflation forecasts, which remain low at around the target range of 2.5±1 percent. It is also in line with efforts to maintain the stability of the rupiah exchange rate in accordance with fundamentals amid high global uncertainty and synergies to strengthen economic growth.

“Going forward, BI will continue to monitor the effectiveness of the accommodative monetary policy that has been implemented. The prospects for economic growth and inflation, as well as the stability of the rupiah exchange rate, will be considered in utilizing the room for lowering the BI Rate,” he explained.
Perry said that BI will also strengthen its macroprudential policy to further encourage lower interest rates, increased liquidity, and increased credit/financing growth to create higher economic growth.

Payment system policies are also directed at encouraging economic growth through the expansion of digital payment acceptance, strengthening the payment system industry infrastructure, and strengthening the resilience of the payment system infrastructure.
“BI continues to strengthen the mix of monetary, macroprudential, and payment system policies to maintain stability in order to strengthen sustainable economic growth,” he concluded. (*)
Editor: Galih Pratama