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Clifford Chance

Clifford Chance


Bank Indonesia issues further guidelines on the mandatory use of Rupiah in Indonesia

10 June 2015

Bank Indonesia (BI) issued Circular Letter No. 17/11/DKSP, dated 1 June 2015, on the Mandatory Use of Rupiah within the Indonesian Territory (the Circular Letter). The Circular Letter has been issued as a further guideline to the implementation of BI Regulation No. 17/3/PBI/2015 (Regulation 17) issued in March 2015, which mandates the use of Rupiah in financial transactions in Indonesia.

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