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Indonesia plans to require exporters to convert up to 100% of natural-resource export proceeds into rupiah, up from the current 50% limit. The change will take effect after a finance ministry regulation is revised, which the government expects to complete by the end of November; officials cited strong demand for rupiah, including for companies’ operating needs.
A higher mandatory conversion share would increase exporters’ demand for rupiah and could support the currency, while reducing their flexibility to hold export earnings in foreign currency.
cnbcindonesia.comDovana HasianaNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
