The control of Trigger Foreign Exchange of the Black Market

BUMN also was obliged to report each requirement for his foreign exchange. Briefly said, the government will tighten the use dollar by BUMN. Langkah this was forced to be taken after the purchase dollar, good by the company wanted then the individual menunjukan tren increased in several last weeks. His peak happened three last week. At that point many companies and the owner of money hit dollar, so as to cause the exchange rate rupiah dropped as far as the position 10.050 per dollar. The desire buy up dollar began seldom decreased after the Dunia Bank confirmed that Indonesia will get the alert loan (standby loan) as big as US$ 5 billion. The loan that could be diluted from time to time could be used to mend the foreign exchange reserve in BI that at this time numbering US$ 56 billion more. Since then thought tular dollar against rupiah went up descended around 9.700-9.800 per dollar. However a director of the BUMN bank doubted the policy of could stifle the speculation dollar. According to him, the restriction on the use of this foreign exchange could create the black market. He then gave the example of imports that in the seller's country only