CCTV News: According to the People's Bank of China, with the approval of the State Council, the People's Bank of China and the Bank of Indonesia recently renewed the bilateral local currency swap agreement. The swap scale is RMB 400 billion/878 trillion Indonesian rupees. The agreement is valid for five years and can be extended with the approval of both parties.

The two sides renewed the bilateral local currency swap agreement again, which will help further deepen the monetary and financial cooperation between the two countries, promote bilateral trade and investment facilitation, and maintain the stability of the financial market.