Bank Indonesia raises rates 0.25% at emergency meeting to defend rupiah
Economy
Forex reserves hit lowest level in two years as currency selling persists
Bank Indonesia held an emergency meeting on June 9, after which it moved to help stabilize the country’s currency. © Reuters
NATSUMI KAWASAKI and REZHA HADYAN
June 9, 2026 15:39 JST
Updated on June 9, 2026 16:28 JST
JAKARTA — Bank Indonesia on Tuesday announced an emergency rate increase of 25 basis points, to 5.5%, after an unscheduled meeting.
