Four-Central-Bank ASEAN Local-Currency MoU

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Four central banks widen local-currency pact. Cheaper payments are not yet proven

The Philippines joins Malaysia, Indonesia and Thailand in a wider local-currency framework. The next test is which payment routes businesses can use—and at what cost.

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Sumber paling awalAntara News19 Sep, 9.45 UTC

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• November 13, 2026The Philippine central bank joins the four-bank memorandum, widening the shared cooperation framework.