BI expected to hold rate at 5.5% in June

Bank Indonesia (BI) is expected to hold its benchmark interest rate at 5.50% during the monthly Board of Governors Meeting in late June 2026, according to top analysts. The projected pause follows an aggressive tightening cycle marked by back-to-back rate hikes earlier in the year, as the central bank intervened to defend the Indonesian rupiah against severe emerging-market pressures. The decision reflects a cautious approach amid ongoing global financial volatility and domestic currency stability concerns.