Indonesian Political, Business & Finance News

New Exporter Dollar Rules Not Yet Issued, Purbaya Admits There Are Revisions

| Source: CNBC Translated from Indonesian | Regulation
New Exporter Dollar Rules Not Yet Issued, Purbaya Admits There Are Revisions
Image: CNBC

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has emphasised that the new regulations on Foreign Exchange from Natural Resource Export Proceeds (DHE SDA) will be enforced in the near future. The regulations have already been approved by the President, though there are minor revisions before they are promulgated.

According to him, the revisions are only minor in nature. He explained that the revisions were made to accommodate exemption requests from certain parties, which were deemed not aligned with the main objectives of the policy.

“There are minor revisions because some parties requested exemptions, and the President agreed. Because they are indeed not relevant to our intention in implementing the DHE,” said Purbaya at the Ministry of Finance in Central Jakarta, quoted on Monday (13/4/2026).

Despite the minor revisions, Purbaya assured that the new regulations will ensure compliance from exporters and businesses in storing export proceeds foreign exchange domestically, particularly for those in sectors utilising domestic natural resources and financing from domestic banks.

“The DHE is actually aimed at retaining domestic funds that borrow from domestic banks, that use domestic natural resources, but the profits are kept abroad,” he stressed.

Under the forthcoming new regulations, the placement of DHE SDA will be exclusively in special accounts at the State-Owned Banks Consortium (Himbara) starting in 2026. This means storage will no longer be limited solely to the Indonesia Export Financing Agency (LPEI).

The storage period will be 12 months, and exporters are required to place the full 100% of their dollars.

However, the new regulations will only mandate conversion of foreign exchange to rupiah up to a maximum of 50%. This amount is lower than the previous 100%. Additionally, DHE can be stored in banking instruments, Bank Indonesia instruments, and foreign currency Government Securities (SBN).

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