Indonesia Follows Suit In BRICS’s Dedollarization Move

Indonesia is following the lead of the BRICS group in its policy of shifting away from the US dollar in trade and financial transactions, according to the country’s central bank. Jakarta has introduced transactions in the local currency to settle cross-border trades, the portal SINDOnews has reported, citing Bank of Indonesia Governor Perry Warjiyo. “Indonesia … Continue reading Indonesia Follows Suit In BRICS’s Dedollarization Move