MONETARY POLICY
Open to Foreigners

Bank Indonesia is reluctant to ban foreign investors from purchasing Bank Indonesia Certificates. Worried about being accused of controlling foreign exchange?

June 30, 2010

ONE by one, eight bankers entered the meeting room at the Directorate of Monetary Management, Bank Indonesia, Jalan M.H. Thamrin, Jakarta, on Monday of last week. On the 11th floor of Sjafruddin Prawiranegara Tower, the bankers met with Bank Indonesia officials. Led by Director for Monetary Management Suhendar, they discussed six regulations on investment facilities for banks and regulations related to Bank Indonesia Certificates (SBIs). The new

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