印尼拟强制自然资源出口商外汇收入存国有银行 并限兑50%

Core Viewpoint - The Indonesian government plans to implement stricter foreign exchange management regulations starting January 1, 2026, requiring natural resource exporters to deposit all foreign exchange earnings in state-owned banks for at least one year to stabilize the Indonesian rupiah and increase domestic dollar supply [1]. Group 1: Regulatory Changes - The new regulations will impose limits on the use of foreign exchange earnings, allowing exporters to convert a maximum of 50% of their foreign exchange income into Indonesian rupiah for operational purposes, which is a change from the current regulations that have no such limit [1]. - This move is part of a broader strategy to enhance the liquidity of the banking system in terms of dollars, as the government has been pushing for exporters to extend the duration of foreign exchange earnings held domestically [1]. Group 2: Currency and Economic Impact - The Indonesian rupiah has been under pressure, with the USD/IDR exchange rate falling to around 16,700, marking a decline for the third consecutive trading day [1]. - Despite the currency pressure, Indonesia's foreign exchange reserves remain robust, increasing from $149.9 billion in October to $150.1 billion by the end of November 2025, which helps mitigate further depreciation of the rupiah [1].