From 1 June 2026, Natural Resource Export Proceeds Must Be Placed with State-Owned Banks and Converted to Rupiah at a Maximum of 50%

Coordinating Minister for the Economy, Airlangga Hartarto, announced the latest government regulation on 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 Export Foreign Exchange from Business Activities, Management, and/or Processing of Natural Resources.

“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 deposited with Himbara and converted to rupiah at a maximum of 50 percent,” said Airlangga at the Merdeka Palace Complex, Jakarta, on Tuesday evening, 5 May 2026.

However, for the placement of export foreign exchange from the extractive sector, including oil and gas (migas), Airlangga explained that the provisions still refer to the old 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 applies as it is now, namely the three-month rule,” stated Airlangga.

The revision to the government regulation on the placement of DHE SDA 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 the stability of the rupiah’s exchange rate amid global dynamics.

Under the new regulation, exporters will be required to place their export foreign exchange in foreign currency form in domestic banking, particularly banks that are members of the Association of State-Owned Banks (Himbara).

The new provisions will also regulate the reduction of the DHE conversion limit from the previous 100 percent to a maximum of 50 percent to rupiah, in order to provide flexibility for business actors while still maintaining the supply of foreign currency domestically.

It is known that at the Merdeka Palace on Tuesday evening, 5 May 2026, Airlangga, along with other officials who are members of the Financial System Stability Committee (KSSK), reported the latest financial conditions to President Prabowo Subianto.

In that meeting, the KSSK, consisting of 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, that Indonesia’s financial conditions were relatively good during the first quarter of 2026.