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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...

Four CBs Agreed to Use Local Currency for Trade Transactions

JAKARTA (TheInsiderStories) - Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas, and Bank of Thailand (BoT) collaborate to use local currency settlement...

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...