2023-01-25 08:19:55

Indonesia to make exporters hold FX earnings onshore for 3 months -media

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Channel NewsAsia
By Cna

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JAKARTA : Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local banking industry for three months, a top government official was cited by media as saying on Wednesday.

The government was discussing the plan with the central bank and a review on current requirements for export earnings was nearly complete, Airlangga Hartarto, the chief economics minister, was quoted as saying by mainstream media outlets.

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