Central Bank RatesIndonesia policy rate in 2008 (7 changes)
Start of year8.00%
End of year9.25%Dec 31, 2008
Net change+125 bp6 hikes, 1 cuts
Average8.655%
Rank by level10 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| May 6, 2008 | 8.00% | 8.25% | hike +25 bp |
| Jun 5, 2008 | 8.25% | 8.50% | hike +25 bp |
| Jul 3, 2008 | 8.50% | 8.75% | hike +25 bp |
| Aug 5, 2008 | 8.75% | 9.00% | hike +25 bp |
| Sep 4, 2008 | 9.00% | 9.25% | hike +25 bp |
| Oct 7, 2008 | 9.25% | 9.50% | hike +25 bp |
| Dec 4, 2008 | 9.50% | 9.25% | cut -25 bp |
Compared with other areas at the end of 2008
18%
17.75%
15%
13.75%
13%
11.5%
10.25%
10%
9.5%
9.25%
8.25%
8.25%
7%
6.5%
6.5%
5.5%
5.31%
5%
5%
4.25%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
0.5%
0.5%
0.125%
0.1%
Year-end rate over time
5.75%
4.75%
6%
6%
5.5%
3.5%
3.75%
5%
6%
4.25%
4.75%
7.5%
7.75%
7.5%
5.75%
6%
6.5%
6.5%
9.25%
8%
9.75%
12.75%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.