Tag: yuan–rupiah settlement
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China–Indonesia Launch Yuan–Rupiah Settlements, QR Payments
China and Indonesia on Thursday launched a local-currency settlement framework for bilateral transactions. Both countries also began a two-way trial of cross-border QR code payments. The central bank chiefs called the steps important milestones. Bank Indonesia said the local-currency scheme ...
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By Peter Apps As U.S. Vice President JD Vance returned to Washington last weekend after unsuccessful peace talks in Pakistan over the crisis in the Gulf, China’s Foreign Ministry was preparing for a bumper slate of visitors, including Russian Foreign Minister Sergei Lavrov and the leaders of Spain, ...
China–Indonesia Launch Yuan–Rupiah Settlements, QR Payments
China and Indonesia on Thursday launched a local-currency settlement framework for bilateral transactions. Both countries also began a two-way trial of cross-border QR code payments. The central bank chiefs called the steps important milestones. Bank Indonesia said the local-currency scheme ...