Tag: LCT
De-dollarization Continues, Cross-Border LCT Transactions Surge by Over 100%
In a bid to lessen reliance on the US dollar (de-dollarization), Indonesia is ramping up efforts in Local Currency Transactions (LCT). The latest data...
Indonesia and South Korea Forge Pact to Move Away from Dollar...
Bank Indonesia (BI) and the Bank of Korea (BOK) have recently come to an agreement, setting the stage for a shift away from the...
Bank Indonesia Expands LCT Partnerships, Emphasizing Collaboration with China Over US...
Bank Indonesia has once again underscored its strategic intent to broaden the scope and promote the adoption of local currencies, known as Local Currency...
Moving Away from the Dollar? Indonesia, Malaysia, and Thailand Central Banks...
https://www.youtube.com/watch?v=Vc2bnoGEK6g
Bank Indonesia, the central bank of Indonesia, along with Bank Negara Malaysia and the Bank of Thailand, has come to a significant agreement aimed...
Indonesia, Malaysia, and Thailand Central Banks Agree on LCT, Moving Away...
Bank Indonesia, the central bank of Indonesia, along with Bank Negara Malaysia and the Bank of Thailand, has come to a significant agreement aimed...
