Currency swap bank liquidity swaps. South Korea and Indonesia signed a won-rupiah currency swap deal worth US$10 billion in October, 2013. The two nations can exchange up to 10.7 trillion won or 115 trillion rupiah for three years. The three-year currency swap could be renewed if both sides agree at the time of expiration. It is anticipated to promote bilateral trade and strengthen financial cooperation for the economic development of the two countries. The arrangement also ensures the settlement of trade in local currency between the two countries even in times of financial stress to support regional financial stability. As of 2013,
National costume of Indonesia to the Turkish-Egyptian "fez". In Indonesia, the black velvet peci has become the national headdress with secular nationalist connotations made popular by Sukarno. A number of Indonesian nationalist movement activists in the early 20th century, such as Sukarno, Muhammad Hatta and Agus Salim, wore a peci to convey their nationalistic sentiments and to demonstrate their Indonesian identity. Indonesian male presidents always wear a "peci" as part of their official presidential attire. Since then, the black velvet "peci" is approved to be the national head-dress for Indonesian men. It is worn all over Indonesia, especially by government officials and men (usually