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 cou...

Indonesia Window

24 September 2021

Indonesia, Japan extend currency exchange agreement

Jakarta (Indonesia Window) – Indonesia’s central, Bank Indonesia (BI) and the Bank of Japan (BoJ) which acts as an agent of the Japanese Ministry of Finance, ha...

Indonesia Window

15 October 2021

Indonesia, Japan local currency transactions increase 10 times, reaching 109.4 mln USD

Jakarta (Indonesia Window) – Indonesia’s central bank, Bank Indonesia (BI), has recorded a 10-fold increase in value, reaching 109.4 million U.S. dollars, in bi...

Indonesia Window

12 November 2021

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 strength...

Indonesia Window

17 February 2022

Indonesia encourages use of local currency settlement in Malaysia

Use of local currencies is believed to be very helpful in the efforts of Indonesia and Malaysia to increase mutually beneficial economic cooperation. Jakarta (I...

Indonesia Window

12 September 2023