other

Chiang Mai Initiative Multilateralization

A multilateral currency swap arrangement among the ASEAN+3 economies that can supply short-term foreign-currency liquidity to members under balance-of-payments or funding pressure.

Known aliases

CMIM

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

ASEAN+3 weighs a standing rapid financing facility after 17 CMIM test runs

The Bangko Sentral ng Pilipinas and Japan's Ministry of Finance co-led technical talks in Puerto Princesa on making the CMIM rapid financing facility permanent and on settling more regional trade in local currencies.

Publishers:crowdfundinsider.com

Reality

Evidence38
Adoption: Insufficient
Hype gap+12
Incentives42
Confidence46