Government Regulation No. 36/2023 aims to keep foreign exchange earnings onshore to stabilize the national economy. It requires exporters to open special accounts in Indonesia to keep at least 30% of their total export receipts for at least three months. The requirements apply to businesses in mining, plantation agriculture, forestry, or fishery whose DHE exceeds $250,000. Exporters with receipts below that amount are encouraged to open such accounts for their export earnings. The new regulation could bring up to $1.8 billion worth of foreign exchange into Indonesia every month, potentially stabilizing the rupiah exchange rate.However, the regulation has some caveats, such as exporters not directly accessing all earnings from their exports and considering opportunity losses if interest rates on foreign currencies are lower than the rupiah. The Indonesian Chamber of Commerce and Industry's coal and mineral committee supports the regulation, but the fishery sector is concerned about the potential impact on businesses.Link di fonte: https://www.thejakartapost.com/news/2020/05/08/indonesias-foreign-exchange-reserves-soar-in-april.html (ICE GIACARTA)

Fonte notizia: The Jakarta Post - 20 July 2023