Pic by Samsul Said/Bloomberg
PETALING JAYA: Bank Negara, Bank Indonesia (BI) and the Bank of Thailand (BoT) have announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.
“The harmonised LCTF OG enhances consistency, scalability and efficiency in facilitating local currency transactions across the three countries.
