Indonesia bankers still unclear on forex rules

Indonesia's foreign bankers said a meeting with central bank officials late on Jan. 29, 2001, did little to clarify foreign rules which have baffled the market for two weeks. They said the bank promised to issue a circular within the next two days detailing the complex rules but some were sceptical whether that would end the confusion. The rules, announced two weeks ago, ban rupiah-denominated loans to non-residents and also affect foreign exchange deals without any underlying investment purp

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