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Search result with “Local Currency Transaction” as a keyword founded 35 news.
ASEAN Digital Pact to Drive Cross-Border Payments
... have been banking on this local currency transaction agreement to shift away from ... efficiency, foreign exchange conversion cost, currency risks, and access to relevant ...Special Updates Oct 13, 2026 | 11:31 am
Indonesia Pushes Rupiah-Yuan, Rupiah-Ringgit Trade to Reduce Dollar Demand
... that Indonesia has expanded its Local Currency Transaction (LCT) framework with several ... Indonesia has been expanding local-currency arrangements with trading partners ... two separate currency conversions. For example, without direct local-currency settlement, ...Business Sep 30, 2026 | 3:20 pm
Rupiah Extends Losing Streak to Eight Days as Oil Prices Top $100
... according to Bloomberg data. The currency’s depreciation continued into Tuesday, trading ... foreign exchange demand through the Local Currency Transaction (LCT) scheme. “Interventions will ... line with regional currencies. The currency was still up 0.37% ...Business Sep 22, 2026 | 5:06 pm
Indonesia Seeks BRICS-Backed Lender That Taps Local Currency
... money in its local currency so they can cut the transaction costs. The ... NDB roll out loans in local currencies to cut their dependence ...Business Sep 18, 2026 | 3:25 pm
Bye US Dollar: Indonesia, Singapore Use Local Currencies in Trade
... have officially operationalized their bilateral local currency transaction framework, the central banks ... to enhance the usage of local currencies,” the statement reads. ... Indonesian banks to facilitate the local currency payments: namely BCA, CIMB Niaga ...Business Aug 31, 2026 | 4:51 pm
The Real Lesson from Dubai Isn't Tax Breaks -- It's Trust
... dough to the UAE. The transaction was modest compared with major ... and non-fiscal incentives, foreign-currency transactions, simplified licensing and immigration ... with only weak links to local businesses, universities and workers. If ...Opinion Jul 27, 2026 | 1:00 pm
Indonesia Raises $1 Billion in Debut Panda Bond Sale
... with the rapid expansion of local currency transaction cooperation between the two countries ...Business Jul 24, 2026 | 12:44 pm
Indonesia Stocks Rise as BI Holds Rates, Boosts Foreign Capital Incentives
... %, and providing additional incentives for Local Currency Transaction (LCT) settlements. Read More: BI ...Business Jul 23, 2026 | 9:01 am
Indonesia Delays $1 Billion Panda Bond Sale as Chinese Demand Builds
... exploring the use of the Local Currency Transaction (LCT) framework in the issuance ... budget becomes more vulnerable to currency fluctuations," Herman said. "Diversification helps ... also promoting greater use of local currencies in cross-border transactions ...Business Jun 26, 2026 | 5:31 pm
Indonesia Seeks Fast-Track Panda Bond Approval from China
... and reduce reliance on a single currency or financial market. Read More ... also in line with the local currency transaction cooperation that has been established ...Business Jun 19, 2026 | 1:58 pm
Indonesia to Establish Renminbi Clearing Bank to Deepen Financial Ties With China
... financial cooperation and local-currency transactions between Indonesia ... memorandum of understanding on local currency transactions involving Indonesia and ... cooperation strengthens the existing local currency transaction framework, encourages greater use ...Business Jun 11, 2026 | 11:26 pm
Gov't Deploys Rp 8 Trillion in Bond Market as Rupiah Weakens Beyond Rp 18,000 a Dollar
... debt-servicing burden in local currency terms. However, he said ... dollar by expanding bilateral local currency transaction arrangements with China, Japan ... trade transactions conducted under the Local Currency Transaction framework reached approximately $22.7 ...Business Jun 4, 2026 | 2:52 pm
Rupiah Hits Record Low Against Singapore Dollar at Rp 14,029
... for cash purchases of foreign currency against rupiah without underlying transactions ... also expanding the use of Local Currency Transaction (LCT) arrangements with partner ... Domestically, seasonal demand for foreign currency has also intensified pressure on ...Business Jun 3, 2026 | 7:15 pm
Bank Indonesia Pushes De-Dollarization Efforts as Rupiah Nears Rp 18,000 Per Dollar
... US dollar by expanding local currency transaction cooperation with trading partners, ... . In addition to expanding local currency settlement arrangements, the central ... month without additional underlying transaction documentation requirements. Ramdan said ...Business Jun 3, 2026 | 4:55 pm
Bank Indonesia Sees Sharp Rise in Non-Dollar Bilateral Transactions
... central bank has already implemented local currency transaction arrangements with China, Japan ... in Makassar. Under the local currency transaction framework, businesses can settle ... According to Ruth, the local currency transaction policy also plays an ...Business May 22, 2026 | 2:32 pm
Bank Indonesia Allows Export Earnings Deposits in Non-US Currencies
... foreign-exchange market, including through local currency transaction cooperation with China. “Chinese ... said. He added that local currency transaction cooperation between Indonesia and China ... this year the monthly transaction value has already reached around ...Business May 22, 2026 | 1:42 pm
‘No Dollar, No Problem’: Indonesia’s Biggest Banks Connect to Alipay and WeChat Pay
... respective apps. Read More: Currency Swaps May Support Rupiah Short ... bank, cross-border QR transaction values surged 137% year- ... QR codes without needing currency exchange or even login ... Accelerates De-Dollarization as Local Currency Transactions Surge 163%Business May 7, 2026 | 1:29 pm
Indonesia Market Sinks 6.6% in a Week, $52 Billion Wiped Out
... decline, pressured by global uncertainty, currency weakness and a review by MSCI ... a week earlier, while average daily transaction frequency increased 1.09% to 2.75 ... , while maintaining existing constraints on local equities following earlier concerns that ...Business Apr 25, 2026 | 9:53 am
Businesses Adapt as Indonesia Pushes De-Dollarization
... data show transactions under the local currency transaction (LCT) framework surged 163% ... Indonesia Accelerates De-Dollarization as Local Currency Transactions Surge 163% Businesses say ... hopes wider adoption of local currency settlement will provide greater ...Business Apr 24, 2026 | 8:06 am
De-Dollarization Drive: Indonesia-China Cross-Border QRIS Payments to Launch Next Week
... during the trial phase alone, transaction volume reached 1.64 million transactions ... : Indonesia Accelerates De-Dollarization as Local Currency Transactions Surge 163% She said ... , and reliable. Total digital payment transaction volume reached 14.82 billion ...Business Apr 22, 2026 | 10:03 pm
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