The Bank of Indonesia (BI) decided to keep the benchmark interest rate (BI Rate) at 6.25%, the deposit facility rate at 5.5%, and the lending facility rate at 7% in the 20^th to 21^st August BI Governors Board Meeting. This decision focuses on the pro-stability monetary policies and Rupiah’s stable exchange rate as well as pre-emptive and forward looking efforts to maintain stable inflation rate in the 2.5%±1% range in 2024 and 2025.