TEMPO.CO, Jakarta - The Bank Indonesia (BI) Representative Office for Bali Province stated that transactions in Indonesia's tourism sector must use the rupiah because it is not exempt from international trade transactions. "The rupiah is legal tender in the territory of the Republic of Indonesia," said Deputy Head of the Bank Indonesia Representative Office for Bali Province, Ronald Dungdung...
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The weakening of the Indonesian Rupiah against the US dollar over the last few weeks has brought both benefits and challenges for both Bali tourists and the travel sector. Local industry leaders have been coming together to develop solutions that benefit everyone in a rapidly evolving economic landscape. Speaking to reporters, Putu Winastra, Chairman of the Association of Indonesian Tours...
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