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Indonesia: Restrictions on foreign exchange from offshore loans

Description

On 6 April 2016, the Indonesian National Bank ("Bank Indonesia") published the Circular Letter No. 18/5/DSta restricting the foreign exchange revenues from offshore loans. With the new provisions in ...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

06 Apr 2016

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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