Economy

Finance Minister Denies Ordering State Banks to Raise FX Deposit Rates

Finance Minister Purbaya denies ordering state banks to lift FX deposit rates, stressing pro-market policy stance. Read more on Indonesia’s banking strategy.

Economy

President Prabowo Issues Regulation Mandating 100% Domestic Deposit of Natural Resource Export Earnings

President Prabowo Subianto has issued Government Regulation No. 8 of 2025, requiring exporters to deposit all foreign exchange earnings from natural resource exports in domestic banks for 12 months.  Learn more,