LOCAL CURRENCY SETTLEMENT FRAMEWORK

The Governor of Bank Indonesia (BI) Agus Martowardojo (center) along the Governor of the Malaysian State Bank Muhammad bin Ibrahim (right) and the Governor of Bank of Thailand Veerathai Santiprabhob (left) gave a presentation when the launch of Local Currency Settlement Framework Bank Indonesia-Bank of Thailand, in Thamrin Building, Bank Indonesia Complex, Jakarta, Monday (11/12). The launch of LCS Framework is a sustainable effort to encourage the use of Rupiah, ringgit and baht currency in a trade and investment transaction between three countries and is an important step in the effort of strengthening financial cooperation between BI, BOT and BNM. ANTARA PHOTO/Aprillio Akbar/kye/17.