Mon, Apr 27, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Bank Indonesia regulates currency hedging for stable rupiah

Posted on 10 October 2013

Bank Indonesia said it will regulate currency hedging by individuals and companies, including state-owned firms, to help stabilize Asia’s most-volatile currency.
The central bank will require Indonesians and corporations to present documents to show underlying economic activity, such as international trade, foreign debt and investments, to conduct hedging transactions with lenders, it said in a statement posted on its website today. The amount and duration of the hedges will be limited by the underlying activity, it said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40203 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2015
S M T W T F S
« Mar    
 1234
567891011
12131415161718
19202122232425
2627282930