Bank Indonesia & RBI: Agree to expand Cooperation in payments systems
- Bank Indonesia has one single overarching objective: to establish and maintain rupiah stability
- BI and RBI signed an MoU on July 16, 2022, in Bali, Indonesia, on the sidelines of the G20 Finance Ministers
- The MoU was signed by BI Deputy Governor Dody Budi Waluyo and RBI Deputy Governor Michael Debabrata Patra
- With this MoU, BI and RBI committed to deepening relations between both central banks and strengthening the exchange of information
- The MoU will be implemented through policy dialogue, technical cooperation, exchange of information, and joint work
- The MoU will also provide a good basis for promoting mutual understanding, developing efficient payment systems
