Bank Indonesia

E41382

Bank Indonesia is the central bank of the Republic of Indonesia, responsible for formulating and implementing the country’s monetary policy, maintaining financial system stability, and issuing the national currency.


Statements (49)
Predicate Object
instanceOf central bank
public institution
building Bank Indonesia headquarters
country Indonesia
currencyCode IDR
currencyIssued Indonesian rupiah
dateFormed 1953
establishedBy Government of Indonesia
function issuing national currency
governingBody Board of Governors of Bank Indonesia
governorTitle Governor of Bank Indonesia
headquartersLocation Jakarta
Jakarta, Indonesia
implementsPolicyInstrument macroprudential regulations
open market operations
policy interest rate
reserve requirements
independenceGranted 1999
jurisdiction Republic of Indonesia
languageOfWork English
Indonesian
legalBasis Bank Indonesia Act
Law No. 23 of 1999 on Bank Indonesia
Law No. 3 of 2004 on Bank Indonesia
Law No. 6 of 2009 on Bank Indonesia
legalStatus independent central bank
mandate formulating monetary policy
implementing monetary policy
maintaining financial system stability
regulating and maintaining payment systems
memberOf ASEAN central banks network
Bank for International Settlements
International Monetary Fund
officialName Bank Indonesia
predecessor De Javasche Bank
primaryObjective achieving and maintaining rupiah stability
publishes financial stability reviews
inflation reports
monetary policy reports
regionServed Indonesia
regulates payment system in Indonesia
role bankers’ bank
government’s banker
government’s financial agent
lender of last resort
sector financial sector
shortName BI
supervises monetary policy implementation in Indonesia
payment system operators


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