Back to news
Singapore and Indonesia operationalise local currency transaction framework
MULTIPLE REPORTS·Published ·Main source · Business Times
Story essentials
Monetary Authority of Singapore and Bank Indonesia
Singapore / Indonesia
August 31, 2026
Original reports
Singapore and Indonesia have operationalised a framework for bilateral transactions in local currencies.
The initiative aims to support bilateral trade and reduce exchange rate risks.
This page is produced by collecting and structuring multiple public reports. Sections based only on reporting or testimony affect the displayed assessment, and the page is updated when new information is identified.
About this article
COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policyRead next
Prioritized by shared people, places, and events.
Singapore raises land betterment charge (LBC) rates
The government raised average land betterment charge (LBC) rates in most property sectors. Non-landed residential rates rose by 3.4%, and landed residential rates by 3.5%.