Bank Indonesia's rupiah exchange rate stabilisation policy

Fifth, Bank Indonesia ensured greater transparency and information availability when using foreign exchange by strengthening the foreign exchange flow report (LLD). In this case, LLD participants are obliged to report their use of foreign exchange through supplementary supporting documentation for transactions of a certain value. The regulation is pursuant to Act No. 24 of 1999 concerning the Flow of Foreign Exchange and the Exchange Rate System, where Bank Indonesia is authorised to request information and data regarding the flow of foreign exchange from residents.

The Bank Indonesia Policy Package will synergise with the Policy Package of the Government to support a more prosperous domestic economic outlook. The range of policies shall be implemented immediately in order to effectively maintain macroeconomic stability, including the exchange rate, towards inclusive and sustainable economic growth. (SH)

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