Asean renews forex liquidity support program (Philippine Star) | Lao Tribune

Asean renews forex liquidity support program (Philippine Star)

MANILA, Philippines The Association of Southeast Asian Nations (Asean) has renewed for the fifth time the short-term foreign exchange liquidity support for member countries experiencing balance of payments difficulties. The Bangko Sentral ng Pilipinas (BSP) and other Asean member central banks signed the fifth supplemental memorandum of understanding on the Asean Swap Arrangement last Oct. 8.…