As a part of efforts aimed at achieving and maintaining the stability of the rupiah currency and Indonesia’s financial system, while also preventing and reducing monetary risks, Bank Indonesia (“ BI ”) has issued Regulation No. 24/6/PBI/2022 on the Rupiah Utilization Policy for International Activities (“ Regulation 6/2022 ”), which contains provisions that specifically address the following matters: [1]
BI Sets General Reference for the Utilization of Rupiah During International Transactions
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