ASEAN to switch to local currency use in region to avoid crisis

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ASEAN to switch to local currency use in region to avoid crisis

STORY: ASEAN to switch to local currency use in region to avoid crisis DATELINE: April 1, 2023 LENGTH: 00:01:00 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of the ASEAN meeting 2. SOUNDBITE (English): PERRY WARJIYO, Governor of Bank Indonesia 3. various of footage of Southeast Asian countries STORYLINE: Indonesia's central bank said on Friday that southeast Asian countries have agreed to reinforce the use of local currencies in the region and reduce reliance on major international currencies in an effort to avoid spillover from the global crisis. The agreement came on the last day of a meeting of finance ministers and central bank governors of the Association of Southeast Asian Nations (ASEAN) members. SOUNDBITE (English): PERRY WARJIYO, Governor of Bank Indonesia "In this aspect, the ASEAN region agrees to reinforce the external and financial resilience among others through the use of local currency to support cross-border trade and investment in the ASEAN region. Current challenges and hea

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  • 2023/4/01 00:00:00
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  • Xinhua / Kyodo News Images
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  • Xinhua News Agency.All Rights Reserved
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