Regulatory Alerts2018-04-23
Regulation of Bank Indonesia Number 20/5/PBI/2018 on Monetary Operation
Bank Indonesia issues this regulation to reformulate its monetary policy framework and strengthen the effectiveness of monetary control through conventional and Sharia-compliant operations. The document defines monetary operations, including Open Market Operations and Standing Facilities, which aim to maintain rupiah stability and manage liquidity in the money and foreign exchange markets. It establishes detailed implementation rules for conventional and Sharia instruments, such as SBI, SBIS, and repo transactions, while specifying administrative requirements and transaction limitations for participating banks.
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