Indonesia's Tougher FX Lock-Up Policy Intensifies Strain on Commodity Firms
20 days ago
Indonesia has introduced a more stringent foreign exchange (FX) lock-up policy, aimed primarily at enhancing the stability of the nation’s currency while concurrently putting immense pressure on its commodity firms. This shift is crucial in the backdrop of ongoing economic challenges and fluctuating commodity prices, as companies grapple with tighter regulations that restrict the ease of accessing foreign currency.
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