Indonesian cbank ponders Standard Chartered fine

Indonesia's central bank said on Friday March 16 it might revise a hefty penalty it imposed on a Jakarta-based foreign bank for breaching tough new foreign exchange rules. The comment came after the Standard Chartered Plc said the fine imposed on its Indonesian banking unit was excessive.

The bank was fined for breaking Indonedian forex regulations designed to prevent speculation on the rupiah. Standard Chartered complained that it was being fined for operational errors, involoving the incor

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