| Issue Number : 2490

Foreign Currency Transactions between Banks and Foreign Parties

Bank Indonesia (BI) has issued Regulation No. 16/17/PBI/2014 on Foreign Currency against Rupiah Transactions between Banks and Foreign Parties (“Regulation”). The purpose of the Regulation is to stabilize the volatility of the rupiah value against foreign currencies.[1]

The Regulation provides guidelines for the sale and/or purchase of foreign currencies against the Rupiah (“Transactions”)[2] carried out by banks and the following parties (“Foreign Parties”):[3]

......

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Bank Indonesia (BI) has issued Regulation No. 16/17/PBI/2014 on Foreign Currency against Rupiah Transactions between Banks and Foreign Parties (“Regulation”). The purpose of the Regulation is to stabilize the volatility of the rupiah value against foreign currencies.[1]

The Regulation provides guidelines for the sale and/or purchase of foreign currencies against the Rupiah (“Transactions”)[2] carried out by banks and the following parties (“Foreign Parties”):[3]

......

Subscribe to read more legal analysis.

Hukumonline Pro Intelligence

Platform AI hukum terpercaya sebagai solusi komprehensif riset Anda

professionalprofessionalProfessional Solutions
professionalprofessionalUniversity Solutions
*Syarat dan ketentuan berlaku
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