JAKARTA, July 17 (Reuters) – Indonesia’s central bank on Friday said it was monitoring the distribution of liquidity in banks to ensure lenders have a liquidity level that supports stability as well as economic growth.
• The overnight interbank rate INDONIA has fallen to 6.17% as of Thursday, from 6.62% in June 2026, reflecting lessening bids in the interbank market, Bank Indonesia’s senior deputy governor Destry Damayanti said in a statement.
• Going forward, the central bank will continue to make sure there was adequate liquidity in banks so that “the distribution of liquidity among banks is well maintained and supportive towards processes of efficient interbank interest rate discovery,” she said.
• The central bank has also conducted intensive communication with banks to resolve obstacles regarding liquidity distribution while ensuring risks are well managed, she added.
• In June, Finance Minister Purbaya Yudhi Sadewa and central bank Governor Perry Warjiyo briefly agreed to move some of the government’s funds from state-owned commercial banks to the central bank, which had affected banking liquidity.
• Purbaya later moved the funds back to the state banks and added even more, in a bid to spur lending growth.
• The central bank has this year raised its policy rates by 100 basis points, seeking to attract fresh capital inflows to support the falling rupiah currency
(Reporting by Gayatri Suroyo, Stefanno Sulaiman; Editing by Martin Petty)
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