Tag: Indonesia-China local currencies settlement
Local currencies expected to strengthen Asian economies’ resilience
Jakarta (Indonesia Window) – Governor of the People's Bank of China (PBOC) Yi Gang has said the implementation of Local Currency Settlement (LCS) would...
Indonesia expands local currency cooperation with Southeast Asian countries
Jakarta (Indonesia Window) – Indonesia’s central bank Bank Indonesia (BI) will expand cooperation on the application of Local Currency Settlement (LCS) with countries in...
Indonesian, Chinese central banks agree to use local currencies
Jakarta (Indonesia Window) – Governor of Bank Indonesia Perry Warjiyo and his counterpart of People’s Bank of China Yi Gang have agreed to establish...