Regulatory Alerts2010-04-08
Bank Indonesia Circular Letter 12/12/DPD on Repurchase Agreement Transactions on Chinese Yuan against Rupiah Securities
Bank Indonesia issued Circular Letter Number 12/12/DPD to establish the regulatory framework for repurchase agreement transactions involving Chinese Yuan against Rupiah securities between banks and the central bank. This directive governs the operational procedures and requirements for such bilateral currency settlement instruments to ensure monetary stability. The regulation serves as a specific guideline for financial institutions engaging in these cross-border liquidity management activities with the Rupiah and Renminbi.
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