Gotrade News - Bank Indonesia has decided to maintain its benchmark interest rate at 4.75% in March 2026. This policy was adopted after considering the impact of the Middle East conflict on both global and national economies.
- The stability of the rupiah exchange rate is BI's top priority.
- Global inflation and oil prices influence policy decisions.
- BI is ready to make adjustments if necessary.
BI Governor Perry Warjiyo emphasized the importance of this step in safeguarding the rupiah's stability. This stability is crucial amid market uncertainties due to the prolonged escalation of the Middle East conflict.
This move is also aligned with the national inflation target of 2.5% plus or minus 1% for 2026-2027. BI remains focused on strengthening national economic resilience to face global challenges, particularly from rising world oil prices that affect supply chains.
Monetary and macroprudential policies will continue to be optimized to maintain Indonesia's economic health. There is a special effort to boost lending to the real sector to support sustainable economic growth.
Moreover, BI ensures the readiness of monetary policy instruments to strengthen economic resilience against the threat of the Middle East conflict. The government is also continually encouraging the enhancement of infrastructure and synergy in digital payment implementation.
Global financial uncertainty is considered to trigger capital outflows from emerging markets. This is influenced by the strengthening of the US dollar and the rising yields of US Treasury bonds.
With the world economic outlook declining, BI ensures their policy measures support economic stability. The upcoming focus is on maintaining stability to face the escalation of the Middle East conflict.
Reference:
- Liputan6, BI Tahan Suku Bunga Acuan 4,75% di Maret 2026 Imbas Perang Timur Tengah. Accessed on March 17, 2026
- Berita Satu, BI Tahan Suku Bunga Acuan 4,75 Persen pada Maret 2026. Accessed on March 17, 2026
- Tirto, Bank Indonesia Tahan Suku Bunga Acuan 4,75% pada Maret 2026. Accessed on March 17, 2026
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