Traditional Culture Encyclopedia - Travel guide - Won't the Indonesian bank exchange money after one o'clock?
Won't the Indonesian bank exchange money after one o'clock?
Indonesia implements a relatively free foreign exchange management system. The Indonesian rupiah is freely convertible and capital is freely transferable. The Indonesian currency adopts a free floating exchange rate policy, and the Bank of Indonesia adopts a package currency exchange rate pricing method to determine the foreign exchange rate of the Indonesian rupiah according to the exchange rate changes of the special drawing rights of Indonesia's major trading partners, and publish its exchange rate daily. In October 22, the Indonesian central bank and the People's Bank of China reached a memorandum of understanding on cooperation in local currency settlement. In July, 221, Indonesian central bank announced that it had completed the technical requirements for local currency settlement transactions with China.
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