Bank Indonesia-Bank Agreement of Korea

The Governor of Bank Indonesia (BI) Perry Warjiyo (right) combined with the Governor of Bank of Korea (BOK) Rhee Chang-yong (left) during High Level Meeting activities in Nusa Dua, Badung, Bali, Sunday (10/12/2023). BI and BOK agreed to encourage the use of local currencies in financial and economic transactions (Local Currency Transaction/LCT) with the implementation target at 2024. ANTARA PHOTO/Fekri Joseph/nym.