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Jokowi Closes Exit Door for Dollar Exporters, BCA Boss Opens Voice

Jakarta, CNBC Indonesia President Director of PT Bank Central Asia Tbk (BCA) Jahja Setiaatmadja opened his voice about the government’s plan to revise the Export Proceeds Foreign Exchange (DHE) policy. This will have a positive impact on financial markets and the economy.

“If done properly, it will increase the supply of USD. Because we see there is a strengthening of the rupiah against the USD,” he said at the Presidential Palace, Jakarta, Monday (16/1/2023)

BCA is ready to assist the government in educating investors to understand this policy for the long term. Including the positive impact on the investor’s business.

“We will help so that literacy to our customers can be well received. Because this is indeed a kind of increase in dollar receipts, and we need those dollars to guard our economy so that the rupiah exchange rate can be controlled,” said Jahja.

“If this can be done in an orderly manner, it will be quite helpful for our future development,” said Jahja.

On the other hand, according to Jahja, what must be prepared is an attractive product so that holders of US dollars want to place it in the domestic financial industry. This also prevents foreigners from escaping from Indonesia.

“We have to prepare a number of interesting products as well. They are asked to bring dollars into the country, what products are interesting to them, they really feel profitable too if they are placed domestically,” he concluded.

[Gambas:Video CNBC]

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