IDR - Indonesian Rupiah

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Government Net Debt Forex indonesian rupiah Commercial Cars Motor Vehicle Sales: Passenger Cars Consumer Confidence: Consumer Forex indonesian rupiah Index Growth Forecast: Short Term External Debt: Current Account Balance Household Forex indonesian rupiah Households Forex indonesian rupiah Service Ratio: Gross Production Natural Gas Production: Marketed Production Natural Gas: CEIC only displays a select group of indicators on our website.

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Width Height Keep live. There is no data available for your selected dates. Taka to Indonesian Rupiah. Get This Data Date max 1y 5y 10y bar line area spline areaspline column Forex indonesian rupiah.

Taka to US Dollars Taka to Australian Dollar Taka to ACU Dollar Taka to Bahraini Dinar Taka to Canadian Dollar Taka to Chinese Yuan Taka to Danish Krone Taka to Euro Taka to Hong Forex indonesian rupiah Dollar Taka to Indian Rupee 1. Taka to Iranian Rial 0. Taka forex indonesian rupiah Japanese Yen 0. Taka to Kuwaiti Dinar Taka to Malaysian Ringgit Taka to Myanmar Kyat 0.

Taka to Nepalese Rupee 0. Taka to New Zealand Dollar Taka to Norwegian Krone Taka to Omani Riyal Taka to Pakistani Rupee 0. Taka to Philippine Peso 1.

Taka to Qatari Riyal Taka to Russian Ruble 1. Taka to Saudi Arabian Riyal Taka to South Korean Won 0. Taka to Singapore Dollar Taka to Swedish Krona Taka to Sri Lankan Rupee 0. Taka to Swiss Franc Taka to Syrian Pound 0. Real GDP Growth 7. Government Net Debt 13, Food and Non Alcoholic Beverage Change 7.

Consumer Price Index Growth 5. Medicinal and Pharmaceutical Product 0. Exports of Goods Growth 8. Medicinal and Pharmaceutical ProductCurrent Account Balance Months of Import 6.

Newsletter Signup Subscribe to our newsletter and receive CEIC's insights; created by using macroeconomic data to analyze topics moving global markets. Jul - Jan Updated on 01 Feb Taka to US Dollars. Jul - Mar Updated on Taka to Australian Dollar. Jul - Jan Updated forex indonesian rupiah Feb Taka to ACU Dollar. Forex indonesian rupiah - Feb Updated on Taka to Bahraini Dinar.

Taka to Canadian Dollar. Taka to Chinese Yuan. Taka to Danish Krone. Taka to Hong Kong Dollar. Taka to Indian Rupee. Taka to Iranian Rial. Taka to Japanese Yen. Taka to Kuwaiti Dinar.

Taka to Malaysian Ringgit. Taka to Myanmar Kyat. Taka to Nepalese Rupee. Taka to New Zealand Dollar. Taka to Norwegian Krone. Taka to Omani Riyal. Taka to Pakistani Rupee. Taka to Philippine Peso. Taka to Qatari Riyal. Taka to Russian Ruble.

Taka to Saudi Arabian Riyal. Taka to South Korean Won. Taka to Singapore Dollar. Taka to Swedish Krona. Taka to Sri Lankan Rupee. Taka to Swiss Franc. Taka to Syrian Pound. Gross Fixed Capital Formation. Jun - Dec Updated on Mar Industrial Production Index Growth. Jul - Nov Updated on Mar Jul - Jan Updated on Mar Labour Force Participation Rate.

Dec - Dec Updated on Mar Household Expenditure per Capita. Motor Forex indonesian rupiah Sales Growth.

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All companies operating in Indonesia need to be aware that this new regulatory obligation includes:. Failure to comply can result in criminal or administrative sanctions, so it is important to ensure all foreign currency denominated transactions comply with the new regulation. Bank Indonesia may revisit this requirement if it raises practical difficulties in business continuity and national economic growth.

The BI Regulation reiterates the exceptions under the Currency Law from the requirement to use Indonesian Rupiah for certain transactions, which are:.

While the Currency Law did not define the scope of international trade, the BI Regulation provides that the use of foreign currency in international trade transactions is now only permitted for two types of transactions:. While the Currency Law indicated that any foreign currency payment would be permitted if this had previously been agreed in writing, the BI Regulation goes further.

It only allows foreign currency payments for non-cash transactions that are exempt, regardless of the presence of a prior written agreement. Existing contracts entered into prior to 1 July for non-cash transactions that are not exempt will remain in force until they expire. If the parties intend to use foreign currency for non-cash transactions that are not exempt such as charter contracts , the relevant agreements will need to be signed before 1 July Meanwhile, any contract amendments made after 1 July will be subject to the BI Regulation requirements.

As a consequence, Indonesian borrowers such as shipping companies should ensure they have sufficient hedging arrangements to manage the foreign exchange risks. The BI Regulation will particularly affect both shipping companies that provide charter services and port services companies. For non-cash transactions that are not exempt — including charter services i. For cash transactions that are not exempt, companies have not been able to charge or denominate their services in foreign currencies since 31 March It remains unclear at this stage if USD can be used to charge port services for international containers.

Although this instruction was only addressed to these Directorates General, the intention was to require transport operators to use IDR in their transportation transactions. Other businesses and activities affected from 1 July include office building management for rental charges and sub-franchise arrangements involving Indonesian sub-franchisees.

It remains unclear whether the purchase of shares in a foreign investment company can still be denominated and paid in USD or other currencies such as the AUD. Failure to comply with the new requirements on cash transactions will lead to criminal sanctions under the Currency Law.

Pending its issuance, it would be prudent to consider what preparatory actions are needed. This would likely include finalising foreign currency denominated contracts before 1 July In addition, banks need to ensure that Indonesian borrowers that will be impacted have sufficient hedging arrangements in place. Use of cookies by Norton Rose Fulbright. We use cookies to deliver our online services. Details and instructions on how to disable those cookies are set out at nortonrosefulbright. By continuing to use this website you agree to our use of our cookies unless you have disabled them.

Online services, resources, and tools Technical resources Stay connected. New regulation restricts foreign currency use in Indonesia Publication June All companies operating in Indonesia need to be aware that this new regulatory obligation includes: Exceptions The BI Regulation reiterates the exceptions under the Currency Law from the requirement to use Indonesian Rupiah for certain transactions, which are: Additional exceptions under the BI Regulation include: A strategic infrastructure project can be exempted if approved by BI based on a statement by the relevant authorities.

Limited scope of international trade transactions While the Currency Law did not define the scope of international trade, the BI Regulation provides that the use of foreign currency in international trade transactions is now only permitted for two types of transactions: Contracts prior to July While the Currency Law indicated that any foreign currency payment would be permitted if this had previously been agreed in writing, the BI Regulation goes further.

Implications for certain businesses from 1 July Shipping and port services companies The BI Regulation will particularly affect both shipping companies that provide charter services and port services companies. Other businesses Other businesses and activities affected from 1 July include office building management for rental charges and sub-franchise arrangements involving Indonesian sub-franchisees.

Sale and purchase of shares in a foreign investment PMA company It remains unclear whether the purchase of shares in a foreign investment company can still be denominated and paid in USD or other currencies such as the AUD. Sanctions Failure to comply with the new requirements on cash transactions will lead to criminal sanctions under the Currency Law. Energy Technology and innovation Infrastructure, mining and commodities Transport Financial institutions Life sciences and healthcare.

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