Indonesia, S Korea agree on LCT cooperation framework

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  • Source:
    Antara News Agency [HT Digital] (Dili, Indonesia), August 30, 2024, 2pp
  • Additional Information
    • Abstract:
      Jakarta, Aug. 30 -- Bank Indonesia (BI), Bank of Korea, and the South Korean Ministry of Economy and Finance have reached an agreement on a local currency transaction (LCT) cooperation framework to support bilateral trade. "The implementation of the LCT framework between Indonesia and South Korea would mark a crucial achievement in the two countries' financial cooperation ties," head of the BI's department of communication, Erwin Haryono, said in Jakarta on Friday...