[SINGAPORE] Singapore and Indonesia have made operational a framework for bilateral transactions between the two countries to be settled in their respective local currencies. The local currency transaction framework, jointly launched by the Monetary Authority of Singapore and Bank Indonesia, aims to support bilateral trade and promote the wider use of local currencies in intra-Asean transactions. Appointed cross-currency dealers (ACCDs) on each side will facilitate the settlement of current account transactions, transactions for direct investment, and cross-border payments in rupiah and Singapore dollar. https://www.businesstimes.com.sg/companies-markets/banking-finance/singapore-indonesia-operationalise-local-currency-transaction-framework (ICE SINGAPORE)

Fonte notizia: The Business Times, 1 September 2026