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Multilateral Currency Swap Arrangement CMIM Approves RMB Contribution to Reserve Pool, Instead of USD - YT FINANCE

Summary by YUAN TALKS
Four years after the term of local currency contributions were added to the framework of Chiang Mai Initiative Multilateralisation (CMIM), a legal agreement for RMB contributions has been approved for the first time.
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YUAN TALKS broke the news in on Sunday, April 13, 2025.
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