This transformation is directed at providing currency fit for circulation, appropriate denomination, “just in time”, is “central bank driven”, aligning the direction of non-cash policies and taking into account efficiency and national 30  27,036  5,000  12.4 2017  26,639  10,000  47.2  50  32,206  30,000 25,000  145.2  150  35,000  Money Market Deepening: Effectiveness of Policy Transmission and Financing Bank Indonesia has accelerated money market reforms to strengthen monetary policy transmission  BANK INDONESIA’S ANNUAL MEETING 2020  and to support financing for the economy.
An in-depth exchange of ideas in joint consultations and projects can bring differing viewpoints to light early on, deepening mutual understanding and trust and strengthening multilateral cooperation. For example, in the past, my colleagues here at the New York Representative Office have liaised with the Fed’s network of representatives to organise events such as presentations – about the Bundesbank’s gold book, for instance.