Bank Indonesia (“BI”) has introduced a new initiative, which it hopes to help to maintain the stability of the rupiah exchange rate, through the issuance of Regulation No. 18/12/PBI/2016 (“2016 Regulation”) on Monetary Operations. With this end in mind, the 2016 Regulation redefines provisions relating to the following matters:

Bank Indonesia Reregulates Provision on Monetary Operations
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