Indonesia central bank will 'push' for rupiah-yuan use

Indonesia central bank will 'push' for rupiah-yuan use

A logo of Bank Indonesia is seen at a Bank Indonesia building in Jakarta on Wednesday. (Reuters photo)
A logo of Bank Indonesia is seen at a Bank Indonesia building in Jakarta on Wednesday. (Reuters photo)

JAKARTA — Indonesia will push for the use of rupiah and yuan for its trade and investment with China, instead of the US dollar, the country's central bank governor said Friday.

"We will facilitate and push for the use of rupiah currency and renminbi because in 2015 renminbi will be part of (International Monetary Fund's) special drawing rights (currencies)," governor Agus Martowardojo told reports.

He also said he welcomed the recent increase in Indonesia's bilateral currency swap agreement with China to US$20 billion from $15 billion.


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