Indonesia Promotes "De-Dollarisation”, Starts Trade Transaction And Investment Settlement Currency Diversification

Published: Apr 25, 2023 15:12

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According to Indonesia's "KOMPAS" news network reported on April 20, Perry Vajiyo, Governor of the Bank of Indonesia, said that Indonesia has started trade transactions and is in the process of diversifying settlement currencies in investment, currencies other than the US dollar can be used.

SHANGHAI, Apr 25 - According to Indonesia's "KOMPAS" news network reported on April 20, Perry Vajiyo, Governor of the Bank of Indonesia, said that Indonesia has started trade transactions and is in the process of diversifying settlement currencies in investment, currencies other than the US dollar can be used.

According to KOMPAS, Indonesia is continuing its efforts to promote the "de-dollarisation" process.

And this is reflected in a cooperation between the Bank Indonesia and the Bank of Korea planned in May to use the currencies of the two countries for settlement in trade transactions and investments.

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