There are two signatories to cooperation between ASEAN central banks. First, regarding agreements to settle transactions in the local currency of each country. Second, a connected regional payment system.
) Perry Warjiyo together with the Governor of Bank Negara Malaysia Rasheed Ghaffour. The Governor of the Bank of Thailand Sethaput Suthiwartnarueput signed the signature in a separate place and broadcast it online.
Rasheed stated that with the increasing cooperation, it is expected to increase the strength of each country's local currency. Transactions that have been settled in US dollars for financial market transactions can now be completed using local currencies. The signing of the cooperation was attended by Governor of BI Perry Warjiyo, Deputy Governor of the State Bank of Vietnam Thanh Ha Pham, Governor of Bank Negara Malaysia Rasheed Ghaffour, Deputy Governor of Bank of Thailand Ronadol Numnonda, Deputy Governor of Banko Sentral ng Pilipinas Francisco G Dakila, and Deputy Managing Director Monetary Authority of Singapore Sing Chiong Leong.
With this collaboration, said Ha Pham, the expectation is to increase tourism traffic and economic cooperation between the two countries. Regarding LCY, for instance, according to Josua, the settlement of trading transactions, investments, and financial asset trading between those countries can now be conducted using their respective local currencies. Previously, transactions were commonly conducted using the US dollar.
Indonesia Berita Terbaru, Indonesia Berita utama
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