Japan, Indonesia agree currency swap deal

Japan and Indonesia have agreed on a bilateral rupiah-dollar swap arrangement aimed at ensuring stability in the currency market by supplying short-term liquidity, the two countries said in a joint statement.

The agreement, reached by the Japan's Finance Ministry and Bank Indonesia, will enter into force after a signing ceremony by officials of the Bank of Japan (BOJ) and the Indonesian central bank in Tokyo in mid-February, the statement said.

The agreement enables Bank Indonesia to swap rupia