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Malaysia, Indonesia renew local currency bilateral swap agreement

Malaysia, Indonesia renew local currency bilateral swap agreement

JAKARTA, Sept 28 — The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a RM24 billion or IDR82 trillion value for five years.

Editor Selangor Journal
28 Sep 2024
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