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Indonesia, Singapore central banks implement use of local currencies in bilateral transactions

Indonesia, Singapore central banks implement use of local currencies in bilateral transactions

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Published: August 31, 2026 13:52:08 IST

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JAKARTA, Aug 31 (Reuters) – The central banks of Indonesia and Singapore said on Monday they were now implementing a framework for settling bilateral transactions in their respective local currencies.

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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