Indonesia Expands De-Dollarization Drive, Targets India and South Korea for Local Currency Trade Deals
ASIATODAY.ID, JAKARTA — Indonesia is accelerating efforts to reduce its reliance on the U.S. dollar in cross-border trade and investment, ...
Tag: Local Currency Transaction
ADB, Indonesia Achieve Milestone in Local Currency Loan Conversions
ASIATODAY.ID, JAKARTA - The Asian Development Bank (ADB) has collaborated with the Ministry of Finance of the Republic of Indonesia ...
Indonesia Collaborates with Eight Countries to Implement LCT
ASIATODAY.ID, JAKARTA - The Indonesian government continues to strengthen its commitment to using local currency in cross-border economic and financial ...
BI, BOK and the Korean Ministry of Finance are Ready to Implement LCT
ASIATODAY.ID, JAKARTA - Bank Indonesia (BI), Bank of Korea (BOK), and the Korean Ministry of Finance on Friday, August 30 ...
BRICS Developing Platform for Transactions in National Currencies
ASIATODAY.ID, JAKARTA - BRICS is prioritizing the creation of a platform that will enable member states to conduct transactions in ...
BI: Local Currency Settlement Transactions Increase 166 Percent, Reaching US$2.95 Billion
ASIATODAY.ID, JAKARTA - Bank Indonesia (BI) recorded a significant increase in local currency settlement (LCS) transactions or bilateral transactions using ...
Indonesia and UAE Agree on the Use of Local Currency in Trade Transactions
ASIATODAY.ID, JAKARTA - Indonesia and the United Arab Emirates (UAE) have agreed to collaborate on the use of each country's ...
Laos and Brunei Officially Join RPC ASEAN, Transactions Using QRIS Are Already Effective
ASIATODAY.ID, JAKARTA - Bank Indonesia (BI) announced that Laos and Brunei have officially joined the Regional Payment Connectivity (RPC) collaboration, ...
BI and RBI Agree to Use Local Currency in Bilateral Trade
ASIATODAY.ID, JAKARTA - Bank Indonesia (BI) and the Reserve Bank of India (RBI) have agreed to collaborate on the use ...
Malaysia and Cambodia Strengthen Local Currency Cooperation
ASIATODAY.ID, KUALA LUMPUR - Bank Negara Malaysia and the National Bank of Cambodia (NBC) strengthened cooperation in financial innovation and ...