| Issue Number : 2714

Foreign Currency Purchases Subject to New Upper Thresholds

In order to address the currently weakening exchange rate of the Indonesian rupiah (“IDR”) against the US dollar (“USD”), Bank Indonesia (“BI”) has issued Regulation No. 17/13/PBI/2015 (“Amendment”) in order to amend BI Regulation No. 16/16/PBI/2014 on Foreign Currency Against Rupiah Transactions Between Banks and Domestic Parties (“2014 Regulation”).[1]

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In order to address the currently weakening exchange rate of the Indonesian rupiah (“IDR”) against the US dollar (“USD”), Bank Indonesia (“BI”) has issued Regulation No. 17/13/PBI/2015 (“Amendment”) in order to amend BI Regulation No. 16/16/PBI/2014 on Foreign Currency Against Rupiah Transactions Between Banks and Domestic Parties (“2014 Regulation”).[1]

......

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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