ank Indonesia (BI) hopes that its partnership with the US Federal Reserve (Fed) will cover a wide scope of areas, not just in information exchanges.
BI governor Agus Martowardojo said the central bank and the Fed had been coordinating on the capacity building of human resources, which they had conducted through the organizing of several events, including exchanges of information.
“We hope that in the future, BI and the Fed will be able to conduct more than information exchanges, such as developing joint-research activities,” Agus said.
BI has been appointed to chair the Executive’s Meeting of East Asia-Pacific Central Banks in Bali on July 30 to 31. Representatives of central banks from eleven countries are set to attend the meeting. They include Indonesia, Malaysia, Thailand, Singapore, the Philippines, China, Korea, Japan, Hong Kong, Australia and New Zealand.
Furthermore, BI and the Fed are set to hold an international conference in Bali on Aug.1 to discuss global and regional monetary economics. (vny/ebf)
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