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Category Indonesia

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Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange

Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange

The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, p...
De-Dollarization: New Country Emerges To Abandon the US Dollar

De-Dollarization: New Country Emerges To Abandon the US Dollar

China and Russia kick-started the de-dollarization agenda in 2022 convincing other countries to sideline the US dollar for…
BRICS: 2 Countries Officially Agree To Ditch the US Dollar For Trade

BRICS: 2 Countries Officially Agree To Ditch the US Dollar For Trade

BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in…
De-Dollarization: Another Country Ditches The US Dollar 

De-Dollarization: Another Country Ditches The US Dollar 

With Trump ascending to the role of the new president of the United States, the global nations have…
Russia and Indonesia Actively Discuss Mechanisms to Ditch US Dollar

Russia and Indonesia Actively Discuss Mechanisms to Ditch US Dollar

Russia and Indonesia are moving toward ruble-rupiah trade settlements as sanctions and Russia’s SWIFT exclusion drive efforts to establish sustaina...