November 05, 2018 BY Valentina Kirilova
Bank Indonesia and MAS establish US$10 billion bilateral financial arrangement
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have established a bilateral financial arrangement of USD 10 billion equivalent. The arrangement will enable the two central banks to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability. The bilateral financial arrangement, which will be in place for…
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