Inp.polri.go.id - Jakarta. Bank Indonesia is preparing to tighten regulations on domestic foreign exchange transactions by lowering the limit for US Dollar (USD) purchases without supporting documents, known as underlying documents. from $50,000 to $25,000 per person per month
"We previously lowered the non-underlying purchase limit from $100,000 to $50,000 per person per month," Bank INdonesia Governor Perry Warjiyo saod at the Merdeka Palace on Tuesday (5/5/2026). "We are now preparing to lower it further to $25,000. Consequently, any USD purchase exceeding $25,000 must be backed by an underlying document."
An underlying document serves as proof of a transaction, such as import invoices or service payments, ensuring that the currency purchase is driven by real economic needs rather than market speculation. This move is a strategic part of a broader stabilization effort coordinated with the Financial System Stability Committee (KSSK) to protect the Rupiah amid global economic pressures and geopolitical tensions.
Governor Perry emphasized that Bank Indonesia, in collaboration with the Financial Services Authority (OJK), will intensify monitoring of corporations and banks. Inspectors will be deployed to ensure compliance and to track entities engaging in high-volume dollar acquisitions. These measures aim to prevent excessive volatility in the exchange rate caused by non-commercial demand. On Tuesday, the Rupiah closed at Rp17,424 per USD, marking a 0.17% decline.
(mg/inp/pr/rs)
