#local currency settlement

Collection of local currency settlement news, found 28 news.

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 ...

Foreign exchange reserves in October reach US$145.5 billion

Bank Indonesia (BI) noted that the position of Indonesia's foreign exchange reserves at the end of October 2021 ...

BNI launches Xpora program to help MSMEs target export market

Bank Negara Indonesia (BNI) has launched BNI Xpora to encourage micro, small, and medium enterprises (MSMEs) to enter ...

SBT and NTT Com to commence trial of local currency price display and settlement system for cross-border used car sales and export

SBT Co., Ltd. (SBT), a trading company specializing in the export of automobiles and other vehicles to more than 150 ...

BNI offers plethora of benefits to Local Currency Settlement users

State-run PT Bank Negara Indonesia (BNI) actively supports Bank Indonesia (BI) in introducing the Local Currency ...

BI holds benchmark rates at 3.5% to maintain stability

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

LCS transaction value with Malaysia, Japan recorded positive: BI

Bank Indonesia (BI) pointed to positive and significant development in the transaction value using the Local Currency ...

BI, Japanese finance ministry strengthen local currency cooperation

Bank Indonesia and Japan’s Ministry of Finance (JMOF) have agreed to strengthen the framework for local currency ...

BI maintains benchmark interest rate at 3.5 percent

The meeting of Board of Governors (RDG) of Bank Indonesia (BI) on April 19-20, 2021, reached a decision to maintain the ...

Indonesia-Japan support wider local currency use for trade transaction

Indonesia and Japan support broader use of local currencies for bilateral trade and direct investment transactions ...

BI, 3 ASEAN central banks cooperate over local currency transactions

Bank Indonesia, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, and Bank of Thailand signed three bilateral Letters ...

Indonesia,Thailand enjoy increased trade under LCS framework

Indonesia's direct bilateral trade with Thailand, under the local currency settlement framework, reached Rp121 ...

BI issues export-import regulation using baht, ringgit

The central bank of the Republic of Indonesia, Bank Indonesia (BI), has issued technical regulations to settle trade ...