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2024 China-ASEAN Youth Culture Week and the 7th China-ASEAN Youth Symposium Successfully Held

At Boao Forum, Asian central bank officials eye greater use of local currencies to fend off risks

Central bank officials and financial regulators from several Asian countries on Wednesday called for expanding currency swap arrangements through both bilateral and multilateral mechanisms to support cross-border trade and investment and reduce reliance on the US dollar, as part of the region s efforts to bolster financial safety nets and fend off risks.

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