Purbaya: Export Proceeds Foreign Exchange Regulations Still Under Revision

Finance Minister Purbaya Yudhi Sadewa has revealed that the new provisions regarding foreign exchange from natural resource exports (DHE SDA) are still being revised. He stated that the revisions are due to requests from several parties to be exempted. However, Purbaya did not specify which sectors requested the exemptions.

“There is a small revision because some parties have requested exemptions and the President has agreed, as it is indeed not very relevant to our intention in implementing the DHE,” said Purbaya to reporters at the Ministry of Finance office on Tuesday, 7 April 2026.

He explained that the regulation aims to retain export proceeds foreign exchange within the country. Nevertheless, Purbaya assured that the new DHE SDA regulation will take effect soon. According to him, the regulation should be issued this month.

The new regulation being prepared is a revision of Government Regulation No. 8 of 2025 on DHE for natural resources. That regulation has actually been in effect since March 2025.

In the latest revision, the regulation will require exporters to place 100% of their DHE funds for 12 months in banks that are members of the State-Owned Banks Association or Himbara. In the old regulation, there was no specific provision regarding the banks where exporters park their DHE.

Purbaya previously stated that the regulation was amended to increase the supply of foreign currency, especially US dollars. This is because exporters often exchange their dollars for rupiah, transfer them to small banks, then reconvert to dollar denominations and take them abroad. “Rather than complicating things, just store them in Himbara,” he said at the DPR Complex in Jakarta on Monday, 8 December 2026, as quoted from Antara.