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,
Indonesia national basketball team Indonesia national basketball team The Indonesia men's national basketball team represents the Republic of Indonesia in international basketball competitions. The governing body of the team is the "Persatuan Bola Basket Seluruh Indonesia" (Indonesian Basketball Association – "PERBASI"). Its biggest success was the gold medal at the 1996 South East Asian Championship. Team Indonesia is one of the major teams in Southeast Asia. The team finished among the top-four teams in Asia at the 1967 Asian Basketball Championship. At the 1996 Southeast Asian Basketball Championship, Indonesia was the dominant country and won the gold medal. Indonesia participated at the 2009 FIBA