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Indonesia extends export earnings retention to bolster foreign exchange reserves

januari 09, 2025by Reacties uitgeschakeld voor Indonesia extends export earnings retention to bolster foreign exchange reserves

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JAKARTA, Jan. 9 (Xinhua) — Indonesia is planning to mandate exporters to retain their export earnings in the country for at least one year, an increase from the current three-month requirement, according to a senior official.

“One year is the minimum,” Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto told reporters at his office.

The move aims to strengthen foreign exchange reserv

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