Bank Indonesia (BI) Governor Perry Warjiyo has expressed hope that ASEAN member countries will take advantage of the benefits offered by cross-border payments. Warjiyo stated that cross-border payments can improve financial inclusion, increase economic efficiency, and support regional economic growth. He added that BI is working to enhance the use of cross-border payments, including by promoting the use of local currencies in trade and investment transactions among ASEAN countries. The governor also called on other central banks in the region to collaborate in developing the necessary infrastructure and regulations to facilitate cross-border payments.
Full Article: https://en.antaranews.com/news/277323/bi-hopes-asean-will-utilize-cross-border-payments
April 03, 2023
