MalaysiaAnd Chineseto reduce dependence on the US dollar. Establishment of the Asian Monetary Fundwill talk about.
US dollarwho want to avoid the inflationary system and the pressure it puts on global markets Chinese, Malaysiawith He focused on the establishment of the Asian Monetary Fund.
MalaysiaPrime Minister Anwar Ibrahimwith China’s Malaysia Asian Monetary FundHe said he was open to discussions. Anwargave the message that action will be taken to establish a fund created against dollar dependency.
Malaysia and China Take the Stage with Asian Monetary Fund
MalaysiaPrime Minister Anwar Ibrahim, in a statement to the parliament, “When I meet with President Xi Jinping, I immediately refer to the Asian Monetary Fund proposal.” said. Anwar, these talks Chineseyou are welcomed by underlined.
Last week Anwar, USAto dollars or International Monetary Fundto reduce dependency on Asian Monetary Fund He suggested that it should be established. According to Anwar, this recommendation is Chinese will meet with.
The strong momentum of the dollar, the food importer, MalaysiaIt can cause problems for Asian countries, including .. Bloombergdollar index, in September 2022, the rise in the dollar ringgit and other Southeast AsiaIt reached a record level, pulling currencies to the lowest levels of the last ten years.
anwar, 1990also in the ‘s Asian Monetary Fund’ He stated that he has taken steps to establish the However Anwar According to , this proposal was not adopted in 1990. returning to the present Anwar, China and Japanas strong as believes that this fund can be implemented with the impact of the economies.
In addition, China stands out with its central bank digital currency (CBDC) studies. At the rate of increase in blockchain adoption rates in the Asian region, Chinese‘s CBDC tests are also progressing successfully.
