Indonesia Three Month Interbank Rate decreased to 7.21 percent on Monday April 22 from 7.22 percent in the previous trading day. Interbank Rate in Indonesia averaged 11.92 percent from 1996 until 2019, reaching an all time high of 57.79 percent in September of 1998 and a record low of 4.19 percent in March of 2012.
Interbank Rate in Indonesia is expected to be 7.21 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Indonesia to stand at 7.21 in 12 months time. In the long-term, the Indonesia Three Month Interbank Rate is projected to trend around 7.96 percent in 2020, according to our econometric models.