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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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RI eyes more currency swap agreements

  • Aditya Suharmoko

    The Jakarta Post

JAKARTA | Wed, March 25 2009 | 12:04 pm

PREMIUM Indonesia may forge more bilateral currency swap agreements with other countries to help bolster confidence and ease the volatility of the rupiah against the US dollar, the central bank said Tuesday. Indonesia and China have just agreed on a Rp 175 trillion or 100 billion yuan ($15 billion) currency swap deal to provide short-term foreign exchange liquidity and help boost bilateral trade an...