Indonesia and China co-launched a cross-border QR payment linkage utilizing bilateral local currency settlement.
3 reports, 3 independent
Updated Sat 00:00
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What happened
Indonesia and China co-launched a cross-border QR payment linkage utilizing bilateral local currency settlement.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.New digital framework enhances cross-border payment connectivity involving Indonesia.1 source
Indonesia and China launched a cross-border QR payment linkage using local currency settlement.1 source
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The entities involved
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rupiah
official currency of Indonesia
Nothing else this week.
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Bank Indonesia
central bank of the Republic of Indonesia
- Prabowo Subianto's policies are rattling investors in Indonesia, while Bank Indonesia manages currency stability amid global inflation.
- Indonesian products are gaining traction with Japanese consumers, supported by ministry efforts to promote brands in Singapore and strengthening payment connectivity.
Related events
- Bank Indonesia has established payment links for cross-border transactions, utilizing QRIS to manage inbound payment trends with partners including Singapore and Thailand.
- Bank Indonesia and Indonesia are collaborating on bilateral financial ties and developing a local currency settlement framework.
- Indonesia and Bank Indonesia are operationalizing local currency settlement systems to accelerate bilateral trade with India.