🔤cyber-valley/cve/legal/terms/jisdor.md

JISDOR — Jakarta Interbank Spot Dollar Rate

Bank Indonesia's official daily USD/IDR reference rate.

Where it appears

shareholders agreement Article 4, land rights agreement §2.3 and §12, century index thesis T6.

Why it matters

Named explicitly in every payment clause so that conversion is not left to a bank's own rate. Source: Bank Indonesia. Required because UU 7/2011 obliges settlement in rupiah.

Part of the pack's vocabulary.

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