Banking Interest Rates  Lower interest rates and relaxation of Bank Indonesia’s monetary policy has led to lower bank interest rates and financial market stability, although the decline in lending rates is still modest. As we noted above, during 2020 Bank Indonesia lowered the monetary policy rate by 125 bps, bringing the BI7DRR interest rate to 3.75%.
This Bank Indonesia policy interest rate is a record-low in the history of Indonesian economy.