Bank of Indonesia

The Bank of Indonesia is the country’s central bank responsible for managing Indonesia's monetary policy and financial stability. It controls the supply of money, sets interest rates, and oversees banking activities to keep inflation low, ensure a stable currency, and support economic growth. The bank also supervises commercial banks and financial institutions to maintain a safe and sound financial system. Additionally, it manages the country's foreign reserves and exchanges currency to facilitate international trade and investment, playing a crucial role in maintaining Indonesia’s economic stability and resilience.