Full Explanation of BI's Rules on Limits for Buying and Selling US Dollars

Bank Indonesia (BI) will amend foreign exchange (forex) transaction limits effective from 1 April 2026. BI Governor Perry Warjiyo stated that this is aimed at supporting rupiah exchange rate stability. “The forex transaction policy, effective from April 2026, is intended to support rupiah exchange rate stability through adjustments to the cash purchase threshold for forex against the rupiah,” he said during the online press conference on the monthly board of governors meeting, quoted on Wednesday (18/3/2026). Perry announced that the threshold for cash forex purchases against the rupiah will be changed from US$100,000 per participant per month to US$50,000 per participant per month. Furthermore, the threshold for DNDF Forward sales is being adjusted with an increase from US$5 million per transaction to US$10 million per transaction. Additionally, the thresholds for swap purchases and sales are being adjusted from US$5 million to US$10 million per transaction. BI is strengthening LLD reporting provisions through an adjustment to the supporting document obligation threshold for outgoing foreign transfers in forex from US$100,000 to US$50,000, also effective from April 2026. Meanwhile, Ramdan Denny Prakoso, Head of BI’s Communication Department, added that there will be a transitional period until 30 April 2026. For cash purchases above US$50,000, they can still be conducted but must include underlying documents. This policy was formulated by considering exchange rate movements and forex transaction patterns in the domestic market, to maintain rupiah exchange rate stability and ensure that the dynamics of the domestic foreign exchange market continue to operate in a healthy and efficient manner. Historically, BI has made several threshold adjustments for forex transactions in line with developments in global and domestic economic conditions. Changes in thresholds over time are part of an adaptive policy to respond to economic and financial market dynamics both globally and domestically.