2012-07-23wsj.com

``Bank Indonesia, which held $106.50 billion in foreign-exchange reserves as of June 29, said Monday that it started buying bonds on China's interbank market, adding that access to Chinese bonds will help diversify its reserves. The People's Bank of China, China's central bank, welcomed the move, saying in a brief statement that it would expand financial cooperation between the two countries. Neither country gave any detail about Bank Indonesia's yuan-bond purchases.''



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