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Communication Department​

10/14/2021 10:00 AM
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Renewal of Bilateral Swap Arrangement between Japan and Indonesia

 
Press Releases

No.23/262/DKom

Japan and Indonesia renewed the Bilateral Swap Arrangement (BSA) today. The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Bank Indonesia signed the third Amendment and Restatement Agreement of the third BSA. The BSA enables Indonesia to swap its local currency in exchange for the US Dollar and the Japanese Yen. The size of the BSA remains unchanged, that is, up to 22.76 billion US Dollars or its equivalent in Japanese Yen.

The renewed BSA incorporates amendments to align the BSA with the recent amendments to the Chiang Mai Initiative Multilateralisation (CMIM) Agreement.

Japan and Indonesia expect that the BSA, which is aimed at strengthening a financial safety net, will further help deepen financial cooperation between the two countries and contribute to regional and global financial stability.   

 

 

Jakarta, 14th October 2021

Head of Communication Department Group

Muhamad Nur

Director

 

Information about Bank Indonesia

Tel. 021-131, Email: bicara@bi.go.id

 

Lampiran
Kontak

​Contact Center BICARA : (62 21) 131
E-mail : bicara@bi.go.id
Working hours: Monday to Friday, 08.00-16.00 West Indonesia Time

Halaman ini terakhir diperbarui 10/15/2021 10:32 AM
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