Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new Memorandum of Understanding (MoU) to strengthen bilateral cooperation between the two central banks. The agreement establishes a comprehensive framework for collaboration across key areas of central banking, including monetary policy, financial stability, macroprudential policy, payment systems and digitalisation, financial sector development, capacity-building, and information sharing.
BNM Governor Dato’ Sri Abdul Rasheed Ghaffour highlighted that the MoU reaffirms the longstanding partnership between the two institutions and expands cooperation into emerging areas of mutual interest. BI Governor Perry Warjiyo described the MoU as a significant milestone, underscoring its importance in deepening institutional ties and advancing bilateral cooperation amid a challenging geopolitical environment.
The signing of this MoU sets the stage for a more robust and synergistic partnership between BNM and BI, with both central banks committed to continued collaboration for the prosperity and stability of their respective economies.
