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    Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade

    • Post author:MiamiCrypto
    • Post published:September 1, 2024
    • Post category:ACCD banks/Bank Mandiri/bilateral trade/BNI/currency agreement/economic ties/Economics/Exchange rate/financial cooperation/Indonesia/kookmin bank/local currency/local currency transaction/Rupiah/Shinhan Bank/South Korea/trade/Won

    Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won.…

    Continue ReadingIndonesia and South Korea Sign New Local Currency Agreement to Boost Trade

    Korean regulators investigate banks over $6.5B tied to Kimchi premium

    • Post author:MiamiCrypto
    • Post published:August 16, 2022
    • Post category:FSS/Shinhan Bank/Woori Bank

    South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges.

    Continue ReadingKorean regulators investigate banks over $6.5B tied to Kimchi premium
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