Weekly Business

BANKING
Private Sector Foreign Debts to be Limited

Bank Indonesia Governor Agus Martowardojo said the central bank would soon issue a new regulation to exercise greater control over foreign debt taken on by Indonesia's private sector.

November 4, 2014

BANKING
Private Sector Foreign Debts to be Limited

Bank Indonesia Governor Agus Martowardojo said the central bank would soon issue a new regulation to exercise greater control over foreign debt taken on by Indonesia's private sector.

The regulation will focus on risk management of the exchange rate. "It's meant to enable companies to get foreign loans but it has to be done by following proper guidelines," Agus said, adding that he did not want to

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