RI-China Local Currency Settlement Coop Begins

8 September 2021 20:17

Beginning on September 6th, Bank Indonesia and China's Central Bank, People's Bank of China, formally began an official cooperation to use local currencies for bilateral transactions between China and Indonesia, also known as local currency settlement to facilitate trade. We discussed further with Josua Pardede, Chief Economist from Bank Permata.

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(Natasya Sampurna)