Regulatory Alerts2025-03-21
Regulation of Member of Board of Governors Number 5 of 2025 on Amendment to Regulation on Settlement for Bilateral Transactions between Indonesia and Malaysia using Rupiah and Ringgit
The Member of the Board of Governors of Bank Indonesia issued Regulation Number 5 of 2025 to amend the previous regulation governing settlement for bilateral transactions between Indonesia and Malaysia. This regulation mandates that such transactions be settled using the Indonesian Rupiah and Malaysian Ringgit through authorized banks. The amendment updates the operational framework for local currency settlement to facilitate trade and financial flows between the two nations.
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