Indonesian Political, Business & Finance News

US Dollar Purchases to Be Restricted, Here's the Price at Money Changers

| Source: CNBC Translated from Indonesian | Regulation
US Dollar Purchases to Be Restricted, Here's the Price at Money Changers
Image: CNBC

Residents are exchanging rupiah for US dollars at the Valuta Artha Mas Money Changer in Jakarta on Wednesday (6/5/2026). Bank Indonesia (BI) will tighten restrictions on US dollar purchases again, reducing the limit from US$50,000 per month per person to US25, 000permonthperperson.Thispolicyisaimedatsafeguardingexchangeratestabilityandmanagingdomesticforeignexchangeneeds, particularlyfortheUSdollar.CNBCIndonesiaobservationsatthesiteshowedqueuesofresidentswaitingtoexchangeUSdollarsextendingtothefrontareaofthemoneychanger.Accordingtooneofthestaffatthemoneychanger, thequeuesbeganafewdaysagofollowingtheriseintheUSdollarprice.Basedondataat2 : 30PMWIB, theUSdollarpriceatValutaArthaMasMoneyChangerreachedRp17, 490/US. Meanwhile, referring to Refinitiv data, the rupiah closed trading today at Rp17,380/US$, appreciating by 0.17%. This strengthening also breaks the rupiah’s weakening trend that has lasted for five consecutive trading days. As a note, in 2015, BI once changed the maximum value limit for foreign exchange purchases through spot transactions without a specific purpose (underlying), from the previous US$100,000 per month per customer/foreign party to US$25,000 or equivalent per month per customer.

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