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3232Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
https://www.digit.info/indonesia-introducing-new-national-payment-system-to-protect-against-geopolitical-consequences/
Wed, 17 May 2023 04:30:03 +0000https://www.digit.info/2023/05/17/indonesia-introducing-new-national-payment-system-to-protect-against-geopolitical-consequences/Read more]]>Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said. “We expect that very soon it will become widespread.” Indonesia Establishes New National Payment […]
]]>Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor
https://www.digit.info/indonesia-is-following-brics-de-dollarization-lead-says-central-bank-governor/
Tue, 25 Apr 2023 04:45:04 +0000https://www.digit.info/2023/04/25/indonesia-is-following-brics-de-dollarization-lead-says-central-bank-governor/Read more]]>Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a common currency to reduce their USD reliance. Indonesia’s De-Dollarization Efforts Bank of Indonesia Governor Perry Warjiyo said Friday that […]
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank official said. “We expect that very soon it will become widespread.” Indonesia Establishes New National Payment […]
Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a common currency to reduce their USD reliance. Indonesia’s De-Dollarization Efforts Bank of Indonesia Governor Perry Warjiyo said Friday that […]