Effective January 1, 2026, Indonesian exporters will be subject to a new regulatory requirement mandating that their Export Foreign Exchange (DHE) must be placed, or "parked," within State-Owned Banks (Himbara members). This significant policy shift is designed to strengthen Indonesia's domestic foreign exchange supply and boost liquidity within the national banking system. The mandatory holding of foreign currency in domestic accounts aims to provide the central bank and the government with greater capacity to manage currency volatility and shore up the nation's financial resilience against external shocks.
This new regulation fundamentally changes the cash flow and foreign exchange management strategies for exporters, who must now adapt their liquidity practices to comply with the mandate. While the policy is intended to benefit macroeconomic stability by centralizing FX reserves domestically, industry associations are closely monitoring its impact on operational efficiency and competitiveness, particularly concerning the cost of capital and ease of international trade transactions. Exporters are urged to coordinate closely with Himbara banks to ensure seamless compliance and minimize potential disruptions to their global operations.
