# Indonesia to exempt oil and gas sector from new FX retention rule

> Indonesia will exempt the oil and gas sector from a new rule requiring exporters to retain 30% of export proceeds in the country. The government aims to shore up dollar supply to stabilise the rupiah, which hit a six-month low in January.

- Date: 2025-01-22 · published 2025-01-22T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/26822-indonesia-to-exempt-oil-and-gas-sector-from-new-fx-retention-rule
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

The FX retention rule and its exemptions affect dollar liquidity in Indonesia, influencing the currency cost of imported feed ingredients.

## Read by commodity

- USDIDR: neutral

## Sources

- reuters.com: https://www.reuters.com/markets/asia/indonesian-resources-exporters-want-adjustments-new-foreign-exchange-retention-2025-01-22/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.