How Argentina Utilized its Bilateral Swap Arrangement as a Bridge Loan
Argentina first established its bilateral swap agreement (BSA) with China in 2009 to provide a liquidity line of up to ARS38 billion or CNY70 billion (about USD10.3 billion).
Expanding Local Currency Transactions in ASEAN+3 Cross-Border Payments
Use of local currencies in cross-border transactions among the ASEAN+3 strengthens financial resilience, promotes trade and investment, and reduces the region’s reliance on foreign currencies.
How the CMIM has Evolved as ASEAN+3’s Self Help Mechanism
The Chiang Mai Initiative Multilateralisation (CMIM) is the regional safety net of the ASEAN+3 region.
Malaysia: Did Policy Rate Hikes Lead to Tightened Liquidity and Where Are We Now?
When BNM started raising the OPR in May 2022 to contain inflation, the subsequent sharp increase in the KLIBOR had sparked market concerns about a potential over-tightening in the interbank market.
ASEAN+3 Financial Markets Need to Tackle High Debt in Low Visibility
Ample and low-cost liquidity provided by global central banks in the aftermath of the global financial crisis had driven a rise in ASEAN+3 debt.
ASEAN+3 Financial Markets Face Hidden Challenges Ahead
Global financial conditions over the past few years have oscillated between tightening and easing as central banks shifted their monetary policy stance in response to the COVID-19 pandemic, rising inflation, and geopolitical tensions.
Lead Economist Kevin Cheng Speaks to Channel NewsAsia about the ASEAN+3 Financial Stability Report
In an interview with Channel NewsAsia’s Jill Neubronner, AMRO Group Head and Lead Economist Kevin Cheng shared some insights from AMRO's inaugural ASEAN+3 Financial Stability Report (AFSR).
Navigating High Debt in Low Visibility in ASEAN+3
The AFSR 2023—AMRO’s second flagship report—is the ASEAN+3 region’s pioneering financial stability report.
AMRO Forum Addresses ASEAN+3 Macro-financial Stability in a Complex World
In an era marked by global challenges, AMRO is holding the second ASEAN+3 Economic Cooperation and Financial Stability Forum (AMRO Forum).
Much Ado About Nothing? Cryptocurrency Spillovers to ASEAN+3 Equity Markets and Financial Sectors
Cryptocurrency adoption in emerging markets, especially the ASEAN+3 region, has been strong at both institutional and retail levels.