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Today’s Legal Enlightenment (Friday, 22 October 2021)

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Prayer regarding demands for payment in foreign currency

Prayer to pay a sum of money in a foreign currency must contain an order from the defendant to convert it into rupiah according to the middle rate of exchange of Bank Indonesia at the time the payment was made.

Supreme Court Decision No. 2992 K/Pdt/2015 dated April 9, 2016, in the Case of PT National Sago Prima against PT ION Exchange et al

Regards,

Fredrik J. Pinakunary


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