{
    "success": true,
    "data": {
        "id": 1810051,
        "msgid": "bi-tightens-dollar-purchases-transactions-drop-to-us-9-million-1781776328",
        "date": "2026-06-18 16:06:44",
        "title": "BI Tightens Dollar Purchases, Transactions Drop to US$9 Million",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Banking",
        "summary": "Bank Indonesia has progressively lowered the threshold for purchasing US dollars without underlying documentation, successfully reducing daily spot transactions to US$9 million. The central bank announced a further reduction to US$10,000 per person per month, effective 1 July 2026, aiming to shift nearly all foreign exchange transactions to those backed by genuine economic activity.",
        "content": "<p>Bank Indonesia (BI) has introduced a new policy to support rupiah\nexchange rate stability by lowering the limit on purchasing US dollars\nwithout underlying documentation. The threshold for cash foreign\nexchange transactions, particularly US dollars, was initially reduced\nfrom US$100,000 to US$50,000 per person per month, and subsequently\ntightened further to US$25,000 per person per month.<\/p>\n<p>Deputy Governor of Bank Indonesia Thomas Djiwandono revealed that the\nimposition of these thresholds successfully reduced the average daily\nspot transactions. \u201cThe first stage of lowering the threshold to\nUS$50,000 managed to bring down the daily average to US$16 million. The\nsecond stage reduced the daily average to US$9 million,\u201d Thomas stated\nduring an online press conference for the BI Board of Governors meeting\non Thursday (18\/6\/2026).<\/p>\n<p>BI has now set a new, stricter limit of US$10,000 per person per\nmonth. Governor of Bank Indonesia Perry Warjiyo confirmed that this\npolicy will take effect on 1 July 2026, alongside the strengthening of\nprudential principles in foreign exchange traffic reporting. The\nreporting threshold for supporting documents on overseas fund transfers\nwill also be adjusted from the equivalent of US$50,000 to US$25,000.<\/p>\n<p>Deputy Governor Thomas projected that the new US$10,000 limit would\nsignificantly boost transactions backed by underlying documentation. \u201cWe\nproject that the new stage, with the reduction to US$10,000 effective 1\nJuly, will increase underlying transactions to 98.1 percent of total\nforeign exchange transactions,\u201d he added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-tightens-dollar-purchases-transactions-drop-to-us-9-million-1781776328",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}