Announcement
28 Jun 2012
In June 2012, the government of Indonesia announced a change in foreign exchange usage.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
28 Jun 2012
Revocation date:
No revocation date
Control on personal transactions
In force
On 28 June 2011, the Indonesian president signed law Nr. 7/2011 on currencies, requiring cash transactions within Indonesia to be conducted only in the local currency (art. 21(1) of the law). The ba...
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