Diversification for transaction settlement gives countries more monetary autonomy: Indonesian economist

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Diversification for transaction settlement gives countries more monetary autonomy: Indonesian economist

STORY: Diversification for transaction settlement gives countries more monetary autonomy: Indonesian economist DATELINE: April 3, 2023 LENGTH: 00:01:30 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. various of Indonesia related footage 2. SOUNDBITE (English): DAVID SUMUAL, Chief economist with PT Bank Central Asia Tbk. Indonesia 3. various of U.S. related footage 4. various of global economic trade related footage STORYLINE: An Indonesian economist has said the diversification for transaction settlement will give countries more monetary autonomy, in terms of financial and monetary decision-making. SOUNDBITE (English): DAVID SUMUAL, Chief economist with PT Bank Central Asia Tbk. Indonesia "In 1944, we know that the (U.S.) dollar is the anchor currency. But, (nearly) 80 years after the World War II ends, the current economic trend and investment relations have changed so much while the global monetary architecture remains practically the same. In other words, the current global monetary system does not re

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