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| PAST ISSUES |
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| Guidelines
for closing-out outstanding
Indonesian Rupiah |
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- As
a result of Bank Indonesia's
regulation on Rupiah
transactions, the Singapore
Foreign Exchange
Market Committee has
issued guidelines for best
practice
for closing-out outstanding
Indonesian Rupiah (IDR)
transactions on a consensual
basis. A
circular from the Association
of Banks in Singapore
and a letter from the SFEMC chairman
provide relevant information
on this matter.
- 26 February 2001
MEETING
WITH THE BANK INDONESIA
DEPUTY GOVERNOR ON 26 FEBRUARY
2001
Bank Indonesia Deputy
Governor, Miranda Goeltom
and her team were in Singapore
and met with the senior
members of the SFEMC as
well as the other ABS'
member banks in the IDR
market this afternoon.
During this meeting, Ms
Goeltom gave a briefing
and presentation on :
(a)
The background on the regulation
of Rupiah transactions
(b) The main objective
of the regulation
(c) The
coverage of the regulation
(d) The latest development
of the domestic forex market
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