#local currency

Collection of local currency news, found 142 news.

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 ...

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 ...

Rupiah appreciates as Fed delays tapering

The rupiah exchange rate to the US dollar transacted at the Jakarta interbank market on Tuesday morning opened positive ...

Potential rupiah correction in line with US economic data

The rupiah exchange rate transacted between banks here on Friday has the potential to be in correction mode in line ...

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 ...