Rupiah

ASEAN Currencies Hit Global Peaks Against The US Dollar

cryptosheadlines2 months ago04 mins

Leading ASEAN nations Indonesia and Malaysia are currently enjoying new currency dynamics against the US dollar. As the DXY index hit new lows post-Fed Chair’s Jerome Powell speech last week, Ringgit and Rupiah emerged as scions, eclipsing the US dollar with their stellar statistics. Also Read: Global Gold Net Purchases Breach 480 Tonnes: Why Is…

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade

cryptosheadlines2 months ago01 mins

Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating direct currency transactions between the two nations, bypassing the need for…

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ASEAN Currencies Hit Global Peaks Against The US Dollar

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade