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BI records a local currency transaction with a penetrating partner of US $ 16.4 m

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Jakarta, cartitleloans Indonesia

Bank Indonesia (
Bi
) Record the value
transaction
local currency or local currency transaction (
LCT
) with partners increased sharply to translucent US $ 16.4 billion as of August 2025.
Deputy Governor of Senior BI Destry Damayanti said this number increased sharply compared to August 2024 which was only around US $ 6.4 billion.
“And what is positive again is if we look at LCT data, so now we will continue to encourage LCT, and LCT data for August has reached US $ 16.4 billion,” he said in a meeting of the Board of Governors for the September period, Wednesday (9/17).
According to Destry, the transaction value until last month was also higher than the achievements of 2024 which amounted to US $ 12.5 billion.Therefore, BI believes until the end of 2025 the transaction value can be even greater.
“So we still have time in September, October, November, December, four months, where the opportunity from the LCT to rise is even greater, so that this will also cause the currency in this market to be more balance later,” he explained.
Based on notes
cartitleloansIndonesia.com
, there are many countries that have worked together using their respective local currencies in their cooperation.For example, RI with South Korea, RI with Malaysia, RI with China.
The latest, Indonesia has an agreement with Japan to use local currencies and dispose of dollars from cooperation transactions between the two countries.
[Gambas: cartitleloans video]
(LDY/PT)

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