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Address forex challenges, other fiscal issues, experts tell Edun

Experts in the financial sector have urged the incoming Minister of Finance and Coordinating Minister of Economy, Wale Edun to address the foreign exchange challenge and other fiscal issues in the economy. Former Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Muda Yusuf said the Foreign exchange policy reform must be…

Nigeria generalLagos stateGodwin oyedokunFinancial development at lead city universityChapel hill denham groupCentre for the promotion of private enterpriseLagos chamberCoordinating ministerWale edunDirector generalMuda yusufForeign direct investmentForeign portfolio investmentExport proceedsChief executive officerPrivate enterprise

Indonesia Natural Resources Sector – New Requirements For Depositing Foreign Exchange Export Proceeds Into Indonesian Financial System

Indonesia Natural Resources Sector – New Requirements For Depositing Foreign Exchange Export Proceeds Into Indonesian Financial System
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Republic of indonesiaPemberitahuan pabean eksporJoko widodoDevisa hasil eksporForeign exchange exportBank indonesiaGovernment regulationForeign exchange export proceedsNatural resourcesBarang ekspor sumber daya alamExported natural resources goodsAre subjectMandatory depositExport proceedsIndonesian financial systemExport customs notice

Indonesia Natural Resources Sector – New Requirements For Depositing Foreign Exchange Export Proceeds Into Indonesian Financial System

Indonesia Natural Resources Sector – New Requirements For Depositing Foreign Exchange Export Proceeds Into Indonesian Financial System. Legal News and Analysis - Indonesia - Regulatory & Compliance -

Republic of indonesiaJoko widodoDevisa hasil eksporPemberitahuan pabean eksporBank indonesiaForeign exchange exportGovernment regulationForeign exchange export proceedsNatural resourcesBarang ekspor sumber daya alamExported natural resources goodsAre subjectMandatory depositExport proceedsIndonesian financial systemExport customs notice

Foreign Exchange Parking Obligation Needs Attractive Incentives

The obligation to park export proceeds domestically is needed to secure foreign exchange reserves and strengthen the rupiah exchange rate. However, this step needs to be accompanied by strong incentives so as not to harm exporters.

Jakarta rayaTanjung priokSumatera utaraPlaza mandiriBank indonesiaMinistry for economic affairsForeign exchangeBank mandiriFinancing institution of indonesiaGovernment regulation numberExport proceedsNatural resourcesGovernment regulationStarting augustExport proceeds must be kept domesticallyActing deputy

Nigeria shifts to floating exchange rate: What does this mean for FOREX investors? -

Nigeria shifts to floating exchange rate: What does this mean for FOREX investors? -
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Centre for the promotion of private enterpriseCentral bankPrivate enterpriseExport proceedsDiaspora remittancesForeign direct investmentsGross domestic product