Indonesia cash reserve ratio


Indonesia cash reserve ratio: 9 (0%)
Last Update: April 30, 2024

Indonesia cash reserve ratio closed down 9 as of April 30, 2024 from 9 from the previous month and 9 from last year.


Indonesia cash reserve ratio Analytics & Data




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Indonesia cash reserve ratio closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Indonesia cash reserve ratio

DateValues
2024-04-30 9
2024-03-31 9
2024-02-29 9
2024-01-31 9
2023-12-31 9
2023-11-30 9
2023-10-31 9
2023-09-30 9
2023-08-31 9
2023-07-31 9
2023-06-30 9
2023-05-31 9
2023-04-30 9
2023-03-31 9
2023-02-28 9
2023-01-31 9
2022-12-31 9
2022-11-30 9
2022-10-31 9
2022-09-01 9
2022-08-31 7.5
2022-07-01 7.5
2022-06-30 5
2022-05-31 5

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Indonesia cash reserve ratio Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
cash reserve ratioid.cashreserveratio9.0900DownDown532024-04-30

Indonesia cash reserve ratio Factors

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Indonesia cash reserve ratio Historical Data

The MacroVar database offers free access to historical data for the Indonesia cash reserve ratio, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Indonesia cash reserve ratio data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Indonesia cash reserve ratio

The cash reserve ratio in Indonesia refers to the percentage of a bank's total deposits that must be held in reserve with the central bank. This requirement is set by the central bank as a way to control the amount of money flowing in the economy and to ensure that banks have enough liquidity to meet customer withdrawals. By adjusting the cash reserve ratio, the central bank can influence the amount of money available for lending and borrowing, which in turn can impact interest rates and inflation levels. Therefore, the cash reserve ratio plays a crucial role in regulating the country's monetary policy and maintaining financial stability.