telegram怎么搜索群聊（www.tel8.vip）:Currency swap initiative a win
Juwai IQI global chief economist Shan Saeed赌球平台推荐（www.hg108.vip）是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。赌球平台推荐上登录线路最新、新2皇冠网址更新最快,赌球平台推荐开放皇冠会员注册、皇冠代理开户等业务。
PETALING JAYA: The move to undertake a currency swap arrangement by Malaysia is expected to benefit the country in the near term, as it will boost trade and investments at a time when the global economy is undermined by higher inflationary pressures and growing recessionary risks.
When contacted by StarBiz, foreign-exchange (forex) strategists and economists opined that the move could help to lessen upward pressure in short term funding needs in foreign currencies, improve liquidity, avoid market stress and maintain the economic growth trajectory.
A currency swap is an agreement whereby two countries agree to exchange a given amount of currency at an agreed upon interest rate and a common maturity date for the exchange.
This concept gained recognition as an important derivative tool after the 2008 global financial crisis.
Early this month, it was reported that the central banks of Malaysia and Turkiye were in the midst of finalising a potential currency swap.
Turkiye to date has currency swap deals with China, Qatar and South Korea worth about US$23bil (RM103bil).
Commenting on the currency swap move, OCBC Bank rates strategist Frances Cheung said such an arrangement between countries would facilitate settlement in their respective currencies, so as to avoid any liquidity-related disruptions to trade and investment flows.
“Swap lines with major trading partners will help ensure the facilitation of genuine flows and also mitigate any elevated pressure in short-term funding in foreign currencies in times of stress.,
,telegram怎么搜索群聊（www.tel8.vip）是一个Telegram群组分享平台，telegram怎么搜索群聊包括telegram怎么搜索群聊解决方案、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram怎么搜索群聊为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
“Malaysia has bilateral swap lines with China, South Korea, Indonesia and Japan, and is also part of the Chiang Mai Initiative.
“Such lines shall not affect spot forex levels as the focus is on short-term liquidity needs,” she added.
Juwai IQI global chief economist Shan Saeed described the move to undertake the currency swap as a timely one.
“Besides enhancing trade between Malaysia and Turkiye, on the whole, currency swap improves liquidity in the system, hedges currency risk, avoids market stress and keeps the economic momentum.
“Malaysia’s trade has touched RM270bil and gross domestic product (GDP) peaked at 8.9% in the second quarter (2Q). Furthermore, the country’s GDP growth is the highest in the Asean region.
“To accelerate the economic growth, these agreements (currency swap) support in mitigating currency risk and can eschew market stress when liquidity becomes an issue as central banks are spiking up interest rates.
“The government has made a strategic move to keep the growth momentum trajectory going for the long run,” Shan added.
To ensure the success of the currency swap, Centre for Market Education (CME) chief executive Carmelo Ferlito said it was important for Malaysia to fix the terms of the agreement in a way that it is protected from the extreme volatility of the Turkyish lira, in order to preserve the real value of the mutual transactions.
@ug环球代理开户（www.ugbet.us） Whatever the outcome, investors expect that Tesla shareholders will welcome an end to the matter.只是来瞅一眼