Meaning of "チェンマイ‐イニシアチブ" in the Japanese dictionary
DICTIONARY
PRONUNCIATION OF チェンマイ‐イニシアチブ IN JAPANESE
ちぇんまい
いにしあちぶ
チェンマイ
‐
イニシアチブ
chenmai
inisiatibu
WHAT DOES チェンマイ‐イニシアチブ MEAN IN JAPANESE?
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Definition of チェンマイ‐イニシアチブ in the Japanese dictionary
Chiang Mai initiative 【Chiang Mai initiative】 Currency swap agreement that interchanges foreign currency reserves (mainly dollars) in the East Asian region for emergency currency stability. A total of 13 countries, including the Association of Southeast Asian Nations (ASEAN) and Japan, China and South Korea participated. If a country is exposed to currency from speculative sources that repeat short-term speculative transactions, the exchange rate plummets and foreign currency necessary for trade settlement or currency intervention is insufficient, exchange dollars from other countries in exchange for the country's currency A mechanism to borrow and support buying. From the reflection of the Asian currency crisis in 1997, the establishment was agreed upon at the ASEAN Plus China, China, and South Korea Finance Ministers Meeting held in Chiang Mai, Thailand in May 2000, initially established as a network of bilateral currency swap agreements However, in 2010 it has shifted to multilateral currency swap arrangements. The fund size is $ 240 billion. CMI. チェンマイ‐イニシアチブ【Chiang Mai initiative】 東アジア域内で緊急時に通貨安定のため外貨準備（主にドル）を融通しあう通貨スワップ協定。東南アジア諸国連合（ASEAN）および日本・中国・韓国の計13か国が参加。ある国が短期の投機取引を繰り返す投機筋などから通貨を売り浴びせられ、為替レートが急落し、貿易決済や為替介入に必要な外貨が不足した場合、その国の通貨と引き換えに他国からドルを借り受けて買い支える仕組み。1997年のアジア通貨危機の反省から、2000年5月にタイのチェンマイで開催されたASEANプラス日中韓の財務相会議で創設が合意され、当初は二国間通貨スワップ取極のネットワークとして構築されたが、2010年に多国間通貨スワップ取極に移行した。資金規模は2400億ドル。CMI。
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The translations of チェンマイ‐イニシアチブ from Japanese to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «チェンマイ‐イニシアチブ» in Japanese.
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Examples of use in the Japanese literature, quotes and news about チェンマイ‐イニシアチブ
EXAMPLES
10 JAPANESE BOOKS RELATING TO «チェンマイ‐イニシアチブ»
Discover the use of チェンマイ‐イニシアチブ in the following bibliographical selection. Books relating to チェンマイ‐イニシアチブ and brief extracts from same to provide context of its use in Japanese literature.
