Indonesia and India are planning to settle bilateral transactions in local currencies and link up their fast payments systems to spur cross border fund transfers, according to a senior Indian government official.
  • Jeena@jemmy.jeena.netEnglish
    3·
    1 year ago

    I think that’s good that countries which are locally close can align on currencies which are not dependent on the big players like the US, China and Russia so they can diversify without being part of some collateral damage when things get turbulent.