Sunday, March 19, 2023

Tag Archives: fund

East Asia may double size of currency volatility fund

(Reuters) – Southeast Asian nations and Japan, South Korea and China may double the size of a facility created to help each nation fight currency volatility, the Wall Street Journal said on Monday, quoting an Association of Southeast Asian Nations official. The group is considering increasing to $240 billion the funds that could be drawn through the Chiang Mai Initiative …

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