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Indonesia, Hong Kong to use IDR, offshore renminbi in bilateral transactions
The People's Bank of China, Bank Indonesia (BI), and the Hong Kong Monetary Authority (HKMA) on Thursday signed a memorandum of understanding (MoU) to establish a cooperation framework aimed at promoting bilateral transactions in Indonesian rupiah (IDR) and offshore renminbi between Indonesia and Hong Kong, according to a press release published by the HKMA.
June12,2026
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