- Security Type:Rate
Bank Indonesia Reference Interest Rate+ Add to Watchlist
As of 01:07:00 ET on 06/20/2013.
Snapshot for Bank Indonesia Reference Interest Rate (IDBIRATE)
Rate Profile Information for IDBIRATE
The BI rate was first announced by Bank Indonesia's board of governors on 5th July 2005. It is part of the Inflation Targeting Framework (ITF). The BI rate is used as a monetary policy response tool and operational target for the ITF. It is set by the board of governors in quarterly board meetings scheduled every January, April, July and October. Changes will only be made when deemed necessary during these meetings. Starting November 2009, the rate in IDBIRATE will be recorded occasionally when there's an announcement. For daily rates, please visit IDBI.This index tracks the announcement dates of Bank Indonesia Reference Rate as well as the announced rates. Please refer to IDBIRTD Index for the daily Bank Indonesia Reference Rates.