Bank Indonesia (“BI”) has issued Circular Letter No. 15/9/DSM , dated 27 March 2013, on Receiving Foreign Currency From Export Revenue (“Circular”), which implements Article 21 of BI Regulation No. 14/25/PBI/2012 on Receiving Foreign Currency From Export Revenue and Withdrawal of Foreign Loans (“Regulation”). [1]
Exporters’ Obligation to Use Foreign Exchange Banks
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