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Search result with “Local Currency Use” as a keyword founded 61 news.
AI Data Centers Could Consume 4% of Global Power by 2035, World Bank Says
... rapid expansion is already creating local concerns. Johor, Malaysia, the ... integrated land- and water-use planning could help address these ... growth, higher inflation and currency volatility. The World Bank said ... growing economies and AI use can also limit the ...Business Oct 6, 2026 | 6:02 pm
Indonesia Pushes Rupiah-Yuan, Rupiah-Ringgit Trade to Reduce Dollar Demand
... that Indonesia has expanded its Local Currency Transaction (LCT) framework with several ... , for example, Indonesian businesses can use rupiah and yuan, while transactions ... avoided. Erwin said broader use of local currencies could improve the structure ...Business Sep 30, 2026 | 3:20 pm
Prabowo Lands in India for BRICS Talks, Local Currency on Agenda
... BRICS Summit late Friday local time, as local currency talks gain momentum in ... the group would push for local currency settlement. Countries have been trying ... partnership”. “This includes the use of local currency in transactions and cross-border ...News Sep 12, 2026 | 12:11 pm
Destry Faces Growth, Stability Challenge as First Woman to Lead Bank Indonesia
... said the central bank should use a mix of tools. ... efforts, Yusuf said. Expanding Local Currency Transactions Another challenge for Destry ... will be expanding Local Currency Transactions (LCT), which ... , importers and tourists to use the system, he said. ...Business Sep 4, 2026 | 8:04 am
Foreign Inflows Lift Indonesia’s Forex Reserves to $146 Billion in August
... Bank Indonesia will continue promoting Local Currency Transactions (LCT), which allow cross ... trade and investment settlements to use local currencies instead of the US ...Business Sep 3, 2026 | 2:33 pm
Bye US Dollar: Indonesia, Singapore Use Local Currencies in Trade
... have officially operationalized their bilateral local currency transaction framework, the central banks ... 9 Indonesian banks to facilitate the local currency payments: namely BCA, CIMB Niaga ... has been pushing for greater use of their respective currencies in ...Business Aug 31, 2026 | 4:51 pm
Indonesia, Thailand Target $20 Billion in Bilateral Trade by 2030
... the digital economy, including wider use of local currency transactions (LCT) to improve ...Business Aug 3, 2026 | 10:23 pm
The Real Lesson from Dubai Isn't Tax Breaks -- It's Trust
... Europe. An Indonesian company can use a single base to reach multiple ... 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 Delays $1 Billion Panda Bond Sale as Chinese Demand Builds
... is also exploring the use of the Local Currency Transaction (LCT) framework in ... budget becomes more vulnerable to currency fluctuations," Herman said. "Diversification helps ... , while also promoting greater use of local currencies in cross-border transactions ...Business Jun 26, 2026 | 5:31 pm
Indonesia to Establish Renminbi Clearing Bank to Deepen Financial Ties With China
... bilateral currency-swap cooperation and expand the use of local currencies ... memorandum of understanding on local currency transactions involving Indonesia and ... the existing local currency transaction framework, encourages greater use of local currencies ...Business Jun 11, 2026 | 11:26 pm
Rupiah Hits Record Low Against Singapore Dollar at Rp 14,029
... for cash purchases of foreign currency against rupiah without underlying transactions ... bank is also expanding the use of Local Currency Transaction (LCT) arrangements with ... . 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
... the US dollar by expanding local currency transaction cooperation with trading partners ... Ramdan Denny Prakoso said the use of local currencies in cross-border ... a statement. In addition to expanding local currency settlement arrangements, the central bank ...Business Jun 3, 2026 | 4:55 pm
Indonesia Wants to Turn Weakening Rupiah into A Tourist Magnet
... into a tourist magnet, as the currency continues to near Rp 18 ... local products, … but some prefer to use the products that they usually use ...Lifestyle May 29, 2026 | 8:40 pm
Bank Indonesia Sees Sharp Rise in Non-Dollar Bilateral Transactions
... central bank has already implemented local currency transaction arrangements with China, ... in Makassar. Under the local currency transaction framework, businesses can ... partner countries to use local currencies via appointed cross-currency dealers, reducing ...Business May 22, 2026 | 2:32 pm
Indonesia's Exporters Can Hold Proceeds Onshore in Chinese Yuan
... USD currencies. ... Our local currency transactions with China are the ... Perry’s estimates, Indonesia-China local currency transactions topped $25 billion ... the dollar by striking local currency deals to reduce ... 3 months. Businesses may use 50% of the earnings ...Business May 22, 2026 | 1:45 pm
Rupiah Slide Pushes Indonesian Firms Into Cost-Cutting Mode
... strategies to cope with the currency volatility and broader global economic ... comprehensive risk management strategies. The use of hedging instruments against exchange ... Month Shinta said the weakening currency has had a direct impact on ...Business May 16, 2026 | 10:10 am
‘No Dollar, No Problem’: Indonesia’s Biggest Banks Connect to Alipay and WeChat Pay
... integration, she can now use her Indonesian banking application ... China. Its customers can use Alipay and Weixin Pay -- ... respective apps. Read More: Currency Swaps May Support Rupiah ... Accelerates De-Dollarization as Local Currency Transactions Surge 163%Business May 7, 2026 | 1:29 pm
Currency Swaps May Support Rupiah Short-Term, but Not a Lasting Fix: Economist
... Indonesia can reduce the use of its US dollar ... on local currencies. Esther said broader use of local currencies ... Accelerates De-Dollarization as Local Currency Transactions Surge 163% Fourth ... . Perry noted that local currency transactions between the Chinese ...Business May 7, 2026 | 12:22 pm
Iran's Internet Shutdown Is Crushing Businesses
... Commerce, Afshin Kolahi, told a local newspaper. About 10 million people ... the war. FILE - Two women use a smartphone in northern Tehran, ... “Nobody really wants to use these platforms, but there is ... the face of a prewar currency crash. Economic decline in Iran ...News May 1, 2026 | 2:16 pm
Businesses Adapt as Indonesia Pushes De-Dollarization
... data show transactions under the local currency transaction (LCT) framework surged ... Indonesia Accelerates De-Dollarization as Local Currency Transactions Surge 163% Businesses say ... still use the US dollar,” he said, adding that local currency transactions ...Business Apr 24, 2026 | 8:06 am
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