• 2 days ago
Bank Indonesia (BI) dan Monetary Authority of Singapore (MAS) resmi memperpanjang kerja sama keuangan bilateral hingga 1 November 2027. Kesepakatan yang dicapai salah satunya adalah Local Currency Bilateral Swap Agreement atau penggunaan mata uang lokal tanpa dolar Amerika Serikat.

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00:00BILATERAL SWAP AGREEMENT
00:05The Indonesian Bank of Indonesia and the Monetary Authority of Singapore, or MAS,
00:09officially extended bilateral cooperation until November 1, 2027.
00:14One of the agreements reached is the Local Currency Bilateral Swap Agreement,
00:18or the use of local currency without the US dollar.
00:23BILATERAL SWAP AGREEMENT
00:26The agreement between the Bank of Indonesia and the Monetary Authority of Singapore, or MAS,
00:31has intensified the use of local currency.
00:36Indonesia and Singapore have agreed to use the Local Currency Bilateral Swap Agreement, or LCBSA,
00:42which can exchange local currency between the two central banks
00:46up to the value of S$9.5 billion or S$100 trillion.
00:52The bilateral cooperation extended until November 1, 2027.
00:57The cooperation between Indonesia and Singapore has been in place for three years,
01:00whereas the previous agreement was only held for one year.
01:03The Executive Director of the Bank of Indonesia Communications Department, Ramdan Deni Prakoso,
01:08confirmed the two agreements between the Bank of Indonesia and the Monetary Authority of Singapore,
01:13which strengthened the willingness of the two central banks to directly exchange local currency
01:18without having to go through the US dollar.
01:20In addition to maintaining the stability of Singapore's monetary and financial money
01:24amid global uncertainty,
01:26in addition to agreeing to the Local Currency Bilateral Swap Agreement,
01:30the Bank of Indonesia and Singapore also agreed to the Bilateral Repo Agreement, or BRA,
01:34which enables the repo transaction between the two central banks
01:38to obtain liquidity worth US$3 billion or yen and euro,
01:43by ensuring the obligations of the government issued by the United States, Japan, or Germany,
01:48owned by the two central banks.
01:51The Bank of Indonesia also affirmed that this agreement is also part of the efforts
01:55to expand and strengthen international cooperation in the Central Bank area,
01:59as well as representing the importance of international cooperation
02:02as part of the policy framework of the Bank of Indonesia.
02:06From Jakarta, IDX Channel.

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