*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
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Bank Indonesia plans to allow major lenders to offer call spreads to firms that need to hedge currency risks, a move that could cut hedging costs in half for some firms.
Bank Indonesia’s no-dollar rule for cash and non-cash domestic transactions is in effect, exposing some treasurers to more rupiah volatility. They are looking closely at the policy’s exemptions and grace measures to ...