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Indonesia Expands Local Currency Cooperation with Malaysia, Thailand

JAKARTA (TheInsiderStories) - The Government, Bank Indonesia (BI), and the Financial Services Authority have agreed on a smooth payment system through the expansion of...

Indonesia, Thailand Central Bank Strengthen Cooperation in Payment Systems

JAKARTA (TheInsiderStories) – Bank Indonesia (BI) and Bank of Thailand (BoT) have agreed to strengthen the cooperation in the areas of Payment Systems, Financial...

Indonesia-Thailand Local Currency Swap US$8.6B

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) said that the implementation of Local Currency Settlements (LCS) between Indonesia and Thailand had a positive impact on bilateral...

US’s Fed Holds the Rate, Others to Follow

JAKARTA (TheInsiderStories) - The Federal Open Market Committee (FOMC) decided to maintain the target range for the federal funds rate at 2 to 2-1/4 percent...