#local currency settlement

Collection of local currency settlement news, found 12 news.

Indonesia's balancing act: Navigating dynamics of OECD and BRICS

The contemporary global economy no longer functions within a singular, monolithic architecture. As geopolitical ...

Indonesia, Thailand agree to boost food security ties

The governments of Indonesia and Thailand have agreed to bolster their partnership across several strategic sectors, ...

Indonesia to issue Panda Bonds to reduce US dollar reliance

Indonesia’s plan to issue its renminbi-denominated Panda Bonds worth approximately US$1 billion serves as part of ...

Indonesia aims to be industrial partner, not just market: minister

Industry Minister Agus Gumiwang Kartasasmita emphasized that Indonesia is no longer positioning itself merely as an ...

Indonesia seeks to increase manufacturing export share to 30 percent

The Indonesian Ministry of Industry is seeking to increase the manufacturing sector's export share from 20 percent ...

Rupiah's depreciation not to hurt domestic industry: minister

Deputy Minister of Industry Faisol Riza said the depreciation of the rupiah is unlikely to significantly affect ...

Indonesia, Philippines strengthen ties in economy, security

Indonesia and the Philippines agreed to strengthen bilateral cooperation in key sectors, including economic, political, ...

Indonesia needs progressive policy for non-dollar funding: Economist

Indonesia needs a more progressive and focused policy approach, particularly in developing alternative financing ...

UnionPay's Voice at Boao: Exploring Diverse Pathways to Grow the Cross-Border Payment Ecosystem

The Boao Forum for Asia (BFA) Annual Conference 2026 was held from March 24 to 27 in Boao, Hainan. Dong Junfeng, ...

Lula calls for local currency trade, stronger Brazil–Indonesia ties

Brazilian President Luiz Inácio Lula da Silva advocated for more balanced and independent global trade through ...

Indonesia boosts ASEAN trade with record $14.1 B local-currency deals

Bank Indonesia (BI) stated that Indonesia continues to strengthen its commitment to using local currency in ...

BI to maintain benchmark interest rate at 3.5 percent: Governor

Bank Indonesia (BI) decided to maintain the benchmark interest rate, or the BI 7-Day Reverse Repo Rate (BI7DRR), at 3.5 ...