From June 2026, Dollar Purchases Capped at 25,000 per Month
Jakarta, VIVA – Bank Indonesia (BI) announced that the cap on purchases of US dollars without underlying (supporting documents) has been tightened to a maximum of 25,000 US dollars per person per month, with the new limit to take effect in June 2026 in order to strengthen the stability of the rupiah’s exchange rate.
‘The limit on buying dollars, which was initially 100,000 US dollars, then reduced to 50,000 US dollars from April, will further be reduced from June to 25,000 US dollars,’ Governor Perry Warjiyo said during a Working Meeting with Commission XI of the Indonesian House of Representatives (DPR RI) in Jakarta, on Monday.
The policy strengthens the rules governing foreign exchange market transactions that have been in place since April 2026 by adjusting the threshold for buying FX without underlying from 100,000 to 50,000 US dollars per person per month.
Perry stressed that purchases of dollars without underlying remain permitted, but the reduction in the cap is intended to ensure FX purchases are truly based on real needs.
He revealed that the average share of purchases of dollars without underlying fell to 6.5 percent after the policy lowering the cap to 50,000 US dollars took effect from April 2026, from 10.8 percent in January-March 2026.
With the cap subsequently reduced again to 25,000 US dollars starting June 2026, the average share of purchases of dollars without underlying is projected to fall to around 3.5 percent.
In response to the depreciation of the rupiah that has continued, especially since the escalation of the conflict in the Middle East in February 2026, BI strengthened the effectiveness of the monetary policy implementation to maintain rupiah stability through seven measures, including tightening the cap on purchases of dollars without underlying.
The measures also include increasing the intensity of rupiah stabilisation against shocks from global volatility through large-scale foreign exchange interventions in domestic and international markets, supported by a deemed adequate foreign exchange reserve.
BI also reinforced the structure of interest rates for monetary instruments by keeping the BI Rate at 4.75 percent since January 2025 and by raising the yield on Bank Indonesia Rupiah Securities (SRBI) with a 12-month tenor to 6.41 percent to attract foreign capital inflows and to maintain rupiah stability and inflation.
Meanwhile, purchases of Indonesian Government Securities (SBN) in the secondary market continued to be conducted to maintain liquidity, strengthen rupiah stability, and support fiscal-monetary coordination, with realised purchases reaching Rp133.39 trillion from the start of the year to May 2026 after Rp332.14 trillion in 2025.