Reining in 'Wayward' Exporters - Economy - magz.tempo.co

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Reining in 'Wayward' Exporters

Wednesday, September 28, 2011

Bank Indonesia is to oblige exporters to keep their foreign exchange funds in banks in Indonesia.

. tempo : 173234771964.

THE specter of foreign exchange control hung in the air as representatives from some 50 Indonesian exporting companies met with the board of governors of Bank Indonesia on the third floor of Syafruddin Prawiranegara Tower at the headquarters of the central bank in Jakarta, on Wednesday last week. The exporters were informed that a regulation would be released early next month that would oblige them to keep their foreign exchange funds and foreign

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