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 emblem of Indonesia National emblem of Indonesia The national emblem of Indonesia is called Garuda Pancasila. The main part of Indonesian national emblem is the Garuda with a heraldic shield on its chest and a scroll gripped by its legs. The shield's five emblems represent "Pancasila", the five principles of Indonesia's national ideology. The Garuda claws gripping a white ribbon scroll inscribed with the national motto "Bhinneka Tunggal Ika" written in black text, which can be loosely translated as "Unity in Diversity". "Garuda Pancasila" was designed by Sultan Hamid II from Pontianak, supervised by Sukarno, and was adopted as the national emblem on