Jump to content

China central bank launches currency settlement cooperation framework with Bank Indonesia


snoop1130

Recommended Posts

2021-09-06T011557Z_1_LYNXMPEH8500Z_RTROPTP_4_CHINA-ECONOMY-RRR-INVESTORS.JPG

FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee

 

BEIJING (Reuters) - China's central bank said on Monday that it has launched a currency settlement cooperation framework with Bank Indonesia from Sept 6 to deepen trade links and facilitate the direct settlement of the yuan and the Indonesian currency.

 

The People's Bank of China said the move was in line with a memorandum of understanding signed between the monetary authorities on Sept 30, 2020.

 

reuters_logo.jpg

-- © Copyright Reuters 2021-09-06
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...