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There are 2 news based on search keyword "local currency transaction"

Four ASEAN Central Banks Sign MoU On Local Currency Transaction Framework

KUALA LUMPUR, Nov 13 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI), the Bank of Thailand (BOT), and Bangko Sentral ng Pilipinas (BSP) today signed a memorandum of understanding (MoU) on cooperation under the Local Currency Transaction (LCT) Framework.

Malaysia To Expand Local Currency Use Through BRICS Cooperation - MoF

KUALA LUMPUR, Nov 3 (Bernama) -- Malaysia aims to enhance the use of local currencies in cross-border trade and investment transactions through BRICS cooperation, thereby reducing transaction costs and foreign exchange risks.