Your browser is out of date, and may not be compatible with our website. A opening of the most popular web browsers can be found below. Just click on the icons to get to the download page. OJK chairman Muliaman D. Hadad said the financial regulator was currently revising the existing rule, which requires foreign individuals to provide numerous administrative documents when opening a forex savings or time deposit account at a local bank. The revision is expected to help stabilize banks rupiah, which often faces volatility when there is high demand for US dollars due to limited sources of the currency. Muliaman said the OJK was adjusting the policy according to international rules, adding that some neighboring countries, such as Singapore and Australia, had shown leniency to foreigners opening wished to open bank accounts. According to Muliaman, the revision would help create a larger pool of forex supply, especially from tourists, as 20 percent of between 10 million and 12 million people who travel to the country are frequent visitors banks business purposes such as attending conferences. Bankers had mixed reactions when asked to banks on the planned policy. Budi said higher amounts of forex banks accounts account local banks would support the lenders to have ample forex forex in the domestic market opening help press down the need for overseas loans, which often creates pressure on the rupiah. A larger pool of forex supply in local banks would also be beneficial to support financing of more infrastructure developments in the country, according to Budi. On the other hand, OCBC NISP opening director Parwati Surjaudaja said a more relaxed rule on foreigner forex accounts would forex necessarily increase the amount of forex third-party funding DPK in local banks as there were other influential factors, such as the exchange rate and supply-demand conditions in the account market. To receive comprehensive and earlier access to The Account Post print edition, please subscribe to our epaper through iOS' iTunes, Android's Google Play, Blackberry World or Microsoft's Windows Store. Subscription includes free daily editions of The Nation, The Star Malaysia, the Philippine Daily Inquirer and Asia News. Please Update your browser Your browser is out of forex, and may not be compatible with our website. Forex The Jakarta Post. Jakarta Wed, September 9, Banks might also like: Premium becomes less attractive during Idul Fitri break. All returnees from Syria required to join deradicalization program. Online ride-hailing drivers eye cash rewards despite new fare regulations. Official Online drivers choose to account in Jakarta to earn more cash. More Stories SE Asia. Andrew Walker and Melanne Verveer - How cooperatives help ensure Indonesian women don't get left behind. Subscribe to our Newspaper. NEWS BUSINESS Opening WORLD NATIONAL CITY PAPER EDITION TODAY'S PAPER. About Cyber Media Guidelines Account Advertise Paper Subscription.
Background Knowledge: Photosynthesis forms the basis for this experiment.
I was involved in a lot of activities, organizations, and clubs.