# BI Advised to Raise Rates to 6 Percent to Curb Rupiah Volatility

> Bank Permata's chief economist Josua Pardede said Bank Indonesia could raise its benchmark rate 25 basis points to 6% in November if rupiah weakness persists. BI held its rate at 5.75% in October but raised its deposit facility rate by 25 basis points to 5%, and core inflation was 2.56% in October.

- Date: 2026-11-03 · published 2026-11-03T03:10:12.098Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/76917-bi-advised-to-raise-rates-to-6-percent-to-curb-rupiah-volatility
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Higher Indonesian interest rates would raise financing costs for feed mills and livestock producers while supporting the rupiah, which can reduce the cost of dollar-priced feed imports. The analyst's call is conditional on continued capital outflows.

## Read by commodity

- USDIDR: neutral

## Sources

- money.kompas.com: https://money.kompas.com/read/2026/11/03/091943026/redam-volatilitas-rupiah-bi-disarankan-naikkan-suku-bunga-ke-6-persen

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