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Indonesia to promote local currency settlement in G20 meeting

februari 16, 2022by Reacties uitgeschakeld voor Indonesia to promote local currency settlement in G20 meeting

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JAKARTA, Feb. 16 (Xinhua) — Indonesia will promote the use of local currency settlement (LCS) in cross-border trade and investment, as an effort to reduce dependency on the U.S. dollar, the country’s Finance Minister Sri Mulyani Indrawati said Wednesday.

Indrawati said she will raise the issue about the LCS scheme during the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting scheduled for Feb. 17-

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