Indonesia’s central bank, Bank Indonesia (BI), is implementing stricter regulations on foreign currency transactions. Starting in July 2026, individuals and businesses will be limited to purchasing a maximum of $10,000 USD worth of foreign currency without providing supporting documentation. This measure aims to tighten control over foreign exchange and is a reduction of the previous, unspecified threshold. The new rule applies to over-the-counter transactions and is intended to stabilize the Rupiah and manage currency fluctuations. BI has not yet detailed the specific documentation required for transactions exceeding the $10,000 limit. This policy shift reflects ongoing efforts by the Indonesian government to strengthen economic stability and regulate capital flows. The move is expected to impact both individual consumers and businesses involved in international trade.
