OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Indonesia and Thailand Introduce QR Codes for Cross-Border…
While each bank and the financial firm is looking for different ways to handle cross-border payments quickly and reliably, Thailand and Indonesia have announced that they are piloting the use of QR codes for cross-border…
BI 7-Day Reverse Repo Rate Held at 6,00%:…
The BI Board of Governors agreed on 24th and 25th April 2019 to hold the BI 7-Day Reverse Repo Rate at 6.00%, while also maintaining the Deposit Facility (DF) and Lending Facility (LF) rates at…
Trade Balance Subject to Global Headwinds in January…
Indonesia’s trade balance recorded a USD1.16 billion deficit in January 2019, up slightly from USD1.03 billion the month earlier. The larger deficit was down to an increase in the oil and gas trade deficit stemming…