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BRICS has yet to prove its mettle in advancing a more equal and just economic order and mutually ben...
Indonesia and India are discussing a proposal to settle bilateral transactions with local curre...
The Fed is still trusted by global investors compared with the European Central Bank and People&rsqu...
The central banks of Indonesia and Korea have signed a cooperation agreement on local currency settl...
Bank Indonesia and the People’s Bank of China have implemented a mechanism to rely more on the...
Bank Indonesia is working with other central banks and governments in the ASEAN region and China to ...
Both central banks agreed to promote the direct exchange rate quotation and interbank trade for the ...
Indonesia, Malaysia, Thailand and the Philippines have committed to use local currencies in bilatera...
The expansion of local currencies use within ASEAN was outlined in a draft of the ASEAN Guiding Prin...
The Philippines agreed last week to join the local currency settlement (LCS) framework — which...