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Search result with “Local Currency Transaction” as a keyword founded 35 news.
ASEAN Aligns Policy Tools to Navigate Global Uncertainty
... Account Liberalisation framework, and expanding Local Currency Transaction (LCT) usage. The bloc also ...Business Apr 13, 2026 | 7:23 pm
Indonesia Accelerates De-Dollarization as Local Currency Transactions Surge 163%
... in early 2026. Under the local currency transaction (LCT) framework, total transactions ... regional financial cooperation and expanding local currency usage. Ferry noted that Indonesia ... , reduce transaction costs, and expand the use of local currencies in ...Business Apr 13, 2026 | 2:53 pm
ASEAN Between China and the US: Navigating a ‘No Single Power’ Global Order
... also intensifies competitive pressure on local industries. China’s export share ... and regulatory coherence will lower transaction costs for firms. Full ... Strengthening regional supply chains, promoting local currency settlement, and expanding regional payment ...Opinion Dec 8, 2025 | 8:35 pm
BI Expands QRIS Links to Seven Countries to Reduce Dollar Reliance
... Jakarta’s broader push to promote local currency use in regional transactions and ... ’s payment systems, including at the local government level. He reported that ... the 40 million target, while transaction volume hit 10.31 billion ...Business Nov 12, 2025 | 3:35 pm
Bye Dollar: Indonesia-China Local Currency Transactions Near $7 Billion
... Bank of China, established the local currency settlement framework in 2021, which ... payments items after launching the local currency transaction framework in September. This followed ... had previously reported that the local currency transactions with China had ...Business Nov 4, 2025 | 9:49 am
Bitcoin Gains Foothold in Africa’s Largest Slum, Stirring Hopes and Risks
... by AfriBit Africa, a local fintech company aiming to expand ... was designed as a decentralized digital currency. While often used as a ... in bitcoin into the local economy, with waste collectors ... cheap and fast with no transaction fees,” she said, adding ...Tech Jun 9, 2025 | 8:41 pm
Balance of Payment Surplus Reflects External Economic Resilience: Gov't
... in point, Indonesia has pursued local currency transaction mechanisms in its foreign trade ... Bank Indonesia -- have established a national local currency transaction task force. We aim to ... increase the use of local currency transactions by 10 percent in ...Special Updates Nov 22, 2024 | 6:05 pm
Indonesia and South Korea Push Forward De-Dollarization with New Currency Agreement
... a cooperation framework to implement the Local Currency Transaction (LCT) between Indonesia and South ... transactions using local currencies. The cooperation also includes direct currency exchange quotations ...Business Aug 30, 2024 | 4:19 pm
Indonesia, UAE Ink MoU Aimed at Linking Payment Systems
... the two countries under the local currency transaction framework, which is scheduled to ... the UAE signed a MoU on local currency transactions after a growth in non ... to make their transactions in local currencies, be it Indonesian rupiah ...Business Jul 18, 2024 | 9:58 am
Bank Indonesia Continues De-dollarization Efforts with RBI Partnership
... of each country's local currency in bilateral transactions between ... to conduct transactions in local currencies, fostering the ... use of local currencies will reduce transaction costs and ... enhance the efficiency of transaction settlements," stated Erwin Haryono ...Business Mar 7, 2024 | 4:39 pm
India Proposes Local Currency Use in Trade with Indonesia
... currencies is expected to slash transaction costs as countries can bypass ... and rupees can lower our transaction costs. Because you do not ... today is already trading in local currencies with Malaysia, Thailand, Japan ...Business Dec 15, 2023 | 7:52 pm
Indonesia Introduces De-dollarization Task Force
... the National Task Force for Local Currency Transactions, a strategic initiative aimed at ... promoting the use of its local currency. This task force represents a ... . Indonesia has also entered into local currency transaction agreements with Japan and China ...Business Sep 5, 2023 | 11:18 pm
Indonesia Inks Local Currency Transaction Pact with Malaysia, Thailand
... bank on Friday signed local currency transaction pacts with its Malaysian ... and equities. “Local currency transaction is an expansion of the local currency settlement,” Perry ... a press conference after the local currency transaction MoU signing in Jakarta on ...Business Aug 25, 2023 | 3:52 pm
ASEAN to Work on Roadmap to Expand Payment Connectivity
... advancing regional payment connectivity and local currency transaction mechanism for ASEAN to adopt ...Business May 7, 2023 | 7:13 pm
‘We’re No Startup’: How Faspay Pioneers Payment Gateway in Indonesia
... involve inter-bank communications and currency purchases. It normally takes two ... aim is to become a strong local player with a regional reach,” he ... is meant to help ease transaction methods among all groups of ...Tech Mar 16, 2023 | 11:57 pm
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