Weekly Business
Tuesday, August 25, 2015
MONETARY
Foreign Exchange Purchases limited
Bank Indonesia is poised to tighten up purchases of foreign currency in an effort to reduce the speculation that is pushing down the rupiah's exchange rate. The central bank has announced it will reduce the lower limit on purchases required to include an underlying transaction report, from the previous US$100,000 per month to US$25,000.
arsip tempo : 171573665321.
MONETARY
Foreign Exchange Purchases limited
Bank Indonesia is poised to tighten up purchases of foreign currency in an effort to reduce the speculation that is pushing down the rupiah's exchange rate. The central bank has announced it will reduce the lower limit on purchases required to include an underlying transaction report, from the previous US$100,000 per month to US$25,000.
"If anyone purchases something over US$25,000, that transaction must su
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