#local currency

Collection of local currency news, found 149 news.

News Focus

Indonesia strives to expand coverage of digitalization of MSMEs

Indonesia has over 65 million micro, small, and medium enterprises (MSMEs) capable of producing competitive products, ...

Nearly 25 million users connected to QRIS, BI-FAST: BI

So far, nearly 25 million users have joined national digital platforms Quick Response Code Indonesian Standard (QRIS) ...

QRIS' interconnectedness must facilitate MSMEs, tourism sector: Jokowi

President Joko Widodo (Jokowi) emphasized that the Quick Response Code Indonesia Standard (QRIS) service connecting ...

QRIS full integration in Thailand begins today: Bank Indonesia

Indonesia's integrated QR code payment system QRIS (Quick Response Code Indonesian Standard) has been fully ...

Indonesian economy expected to grow 4.75% in Q2: expert

Economist and director of the Center for Economic and Law Studies (Celios), Bhima Yudhistira, has forecast that ...

Cross-border payments still posing challenge: BI

The implementation of cross-border payments is still posing several challenges, such as high costs, limited access ...

Middle class constitutes 84 percent of global population by 2045

The middle class will constitute 84 percent of the world's population that will reach 9.45 billion by 2045, ...

Cross-border QR code bolsters financial integration in ASEAN region

An integrated cross-border Quick Response (QR) Code will help boost financial integration in the ASEAN region, Deputy ...

BI keeps benchmark rate unchanged at 3.5%

Bank Indonesia's (BI) board of governors decided to keep the central bank's benchmark rate, the BI 7-Day ...

Indonesia and China renew bilateral currency swap arrangement

Bank Indonesia (BI) and China's central bank, the People's Bank of China (POBC), renewed the Bilateral Currency ...

Indonesia strengthens cooperation on economic recovery with Singapore

President Joko Widodo (Jokowi) and Singaporean Prime Minister Lee Hsien Loong held a retreat meeting in Bintan, Riau ...

Huawei supports local investment ecosystem consolidation at Indonesia-Southern China Business Forum 2021

Bilateral economic ties between Indonesia and China enter its 71st anniversary this year. In order to strengthen this ...

BI holds benchmark interest rate at 3.5%

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

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 ...