Four-Central-Bank ASEAN Local-Currency MoU

Update 1 of 1LatestNov 14, 1:10 PM UTCDay 2

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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Earliest sourceAntara NewsSep 19, 9:45 AM UTC

What we knew first

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