China, Indonesia renew currency swap agreement
The People's Bank of China (PBOC), the country's central bank, on February 7 announced that it has renewed a bilateral currency swap agreement with the Bank Indonesia.
Malaysia, RoK renews currency swap deal
The Central Bank of Malaysia (BNM) announced that it has signed an agreement with its counterpart from the Republic of Korea (RoK) to extend a bilateral swap arrangement by another three years.
Indonesia reveals six monetary policies to stabilise financial system
Since the start of the COVID-19 crisis, Bank Indonesia (BI) has been strengthening its policy mix to stabilise the rupiah, control inflation, support financial system stability and prevent a further decline in economic activities.
Japan supports infrastructure development in Asia
The Government of Japan has decided to provide 4.5 billion JPY (40 million USD) for the Asian Development Bank to improve regional infrastructure.