2018-04-20

Regulation of Members of Board of Governors Number 20/5/PADG/2018 on Instruments in Open Market Operation

The Board of Governors of Bank Indonesia issued this regulation to define the instruments and mechanisms for conducting conventional and sharia open market operations. It establishes specific monetary policy tools, including Bank Indonesia Certificates, repurchase agreements, and foreign exchange transactions, to manage liquidity and stabilize the rupiah exchange rate. The document details the operational criteria, tender mechanisms, and participant requirements for implementing these monetary control measures.

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