ANNOUNCED AS TEMPORARYNo
Control on personal transactions
On 23 October 2015, the Indonesian government issued regulation 78/2015 introducing new provisions on wage payments in the country.
Article 21 of the regulation requires all employers in Indonesia to renumerate their employees in the Indonesian rupiah.
Previously, the Indonesian central bank passed regulations requiring that all financial transactions shall be conducted in the local currency (cf. Related Measures).
The regulation came into force on the day of its issuance.
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