BEIJING- China's central bank said on Monday that it has launched a currency settlement cooperation framework with Bank Indonesia from Sept 6 to deepen trade links and facilitate the direct settlement of the yuan and the Indonesian currency.

The People's Bank of China said the move was in line with a memorandum of understanding signed between the monetary authorities on Sept 30, 2020.

(Reporting by Stella Qiu and Ryan Woo Editing by Shri Navaratnam) ((yifan.qiu@thomsonreuters.com; 86-10-66271289;))