Bank Indonesia Raises Interest Rates to 3.75%

One of the reasons for this increase was the soaring price of non-subsidized fuel.

IDX CHANNEL- One of the reasons for this increase was the soaring price of non-subsidized fuel. Thus, the benchmark interest rate which has been maintained at the level of 3 point 5 percent for 18 months since february 2021 officially ends. The Deposit facility interest rate also rose by 0 point 25 percent to 3 percent, and the lending facility rate rose by 0 point 25 percent to 4 point 5 percent.