Airlangga: DHE Natural Resources Regulation Effective 1 June, Mandatory Deposit to State-Owned Banks
Jakarta (ANTARA) - Coordinating Minister for the Economy Airlangga Hartarto has announced the latest government regulation governing the placement of foreign exchange earnings from natural resource exports (DHE SDA), which will take effect from 1 June 2026.
The government regulation (GR) is a revision to Government Regulation Number 8 of 2025 on Amendments to Government Regulation Number 36 of 2023 concerning Foreign Exchange Earnings from Natural Resource Business, Management, and/or Processing Activities.
“The revision and amendment to GR (Number) 36 has been finalised and will be implemented from 1 June 2026. Thus, the change stipulates that DHE SDA must be channelled into Himbara banks and converted to rupiah at a maximum of 50 percent,” Airlangga stated during a press conference on the grounds of Merdeka Palace in Jakarta on Tuesday evening.
However, for the placement of foreign exchange earnings from the extractive sector, including oil and gas (upstream), Airlangga explained that the provisions still refer to the existing rules, namely a mandatory placement of at least 30 percent in domestic bank accounts for three months.
“Regarding the extractive sector or oil and gas, it will apply as it is now, namely for three months,” Airlangga said.
The revision to the government regulation on DHE SDA placement is part of the government’s efforts to strengthen domestic foreign exchange liquidity.
The new provisions are expected to increase foreign exchange reserves while maintaining rupiah exchange rate stability amid global dynamics.
Under the new regulation, exporters will be required to place foreign exchange earnings in foreign currency form at domestic banks, particularly those under the State-Owned Banks Association (Himbara).
The new provisions will also regulate a reduction in the DHE conversion threshold from the previous 100 percent to a maximum of 50 percent to rupiah, providing flexibility for businesses while still ensuring foreign exchange supply domestically.
At Merdeka Palace on Tuesday evening, Airlangga, along with other officials in the Financial System Stability Committee (FSSC), reported the latest financial conditions to President Prabowo Subianto.
In that meeting, the FSSC, comprising Coordinating Minister Airlangga, Finance Minister Purbaya Yudhi Sadewa, Bank Indonesia Governor Perry Warjiyo, OJK Commissioner Chairman Friderica Widyasari Dewi, and LPS Commissioner Chairman Anggito Abimanyu, reported, among other things, Indonesia’s relatively good financial conditions during the first quarter of 2026, followed by BI’s strategies for stabilising the rupiah exchange rate, which has been undervalued or weakened in recent weeks.