What is DNDF?
- Transactions of buying/selling foreign currencies against Rupiah are more than 2 (two) working days after the date of the transaction whose settlement is done by fixing mechanism.
- The fixing mechanism is the settlement of transactions without movement of principal funds by calculating the difference between the forward transaction rate and the JISDOR reference rate on a certain date specified in the contract (fixing date).
Benefits of DNDF
Alternative domestic hedging instruments.
Anticipating exchange rate risk.
Currency Trading and Commercial Division
For more information, contact the Currency Trading and Commercial Division at
021 2700385 / 021 7250251
