Global Trade Alert
Global Trade Alert

Indonesia: Introduction of foreign exchange restrictions

Announcement

27 Dec 2012

In December 2012, the government of Indonesia announced a rule change for commercial cross-border financial flows.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2013

Revocation date:

No revocation date

Last action: 27 Dec 2012
Controls on commercial transactions and investment instruments In force
On 27 December 2012, the Bank of Indonesia announced regulation 14/25/PBI/2012 stipulating that foreign exchange derived from export transactions and from offshore loan drawdowns must be received by a...
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