# Bank Indonesia Amends Regulations on Monitoring System for Foreign Exchange Transactions against the Rupiah

> Bank Indonesia issued Regulation PBI No. 23/5/PBI/2021, effective June 2, 2021, which extends foreign exchange monitoring to transactions between banks and their customers. The rule covers spot trades of at least $250,000 and derivatives of at least $1 million.

- Date: 2021-05-31 · published 2021-05-31T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/47404-bank-indonesia-amends-regulations-on-monitoring-system-for-foreign-exchange
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Tighter monitoring of onshore FX flows is mainly aimed at limiting speculation and stabilising the rupiah. Its direct effect on grain or feed prices is minimal.

## Sources

- bi.go.id: https://www.bi.go.id/en/publikasi/ruang-media/news-release/Pages/sp_2313521.aspx

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