# BI 7-Day Reverse Repo Rate Held at 3.50%: Synergy Maintaining Stability and Strengthening Recovery

> Bank Indonesia's board held the BI 7-Day Reverse Repo Rate at 3.50% on August 18-19, 2021, keeping the deposit facility at 2.75% and the lending facility at 4.25%. The bank cited low projected inflation and the need to support economic recovery while maintaining rupiah stability.

- Date: 2021-08-19 · published 2021-08-19T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/45867-bi-7-day-reverse-repo-rate-held-at-3-50-synergy-maintaining-stability-and
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

A steady, accommodative policy supports domestic credit and demand for animal protein and feed in Indonesia. It has little direct effect on global feed commodity prices.

## Sources

- bi.go.id: https://www.bi.go.id/en/publikasi/ruang-media/news-release/Pages/sp_2321321.aspx

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.