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 symbol. After the Indonesian National Revolution ended and followed by the Dutch acknowledgement of the Indonesian independence in 1949, there is a need to create a national emblem of United States of Indonesia. On 10 January 1950 the Committee of State Seal was formed, under co-ordination of Sultan Hamid II of Pontianak as the State Minister of No Portfolio, with Muhammad Yamin as the chairman, and Ki Hajar Dewantara, M. A. Pellaupessy, Mohammad Natsir, and Raden Mas Ngabehi Poerbatjaraka as committee members. The committee task is to select the proposals of United States of Indonesia national emblem to be