The Effect of DHE SDA Policy (Natural Resource Export Proceeds)
The Market Perception of Coal Industry
The Indonesian government obliges exporters of natural resources to keep at least 30% of their foreign exchange revenues in local financial institutions (Bank Indonesia) for at least three months. This decision is regulated in Government Regulation No. 36 on export revenues from the business, management, and processing of natural resources. The regulation aims to increase foreign exchange liquidity and encourage macroeconomic stability and the development of domestic financial markets. For companies, this policy poses a challenge to cash liquidity, as reflected in the decline of their current ratio, quick ratio, and gross profit margin.
The-Effect-of-DHE-SDA-Policy-Natural-Resource-Export-Proceeds-compressed
