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ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen, Indonesia Calls for Phasing Out Visa and Mastercard

What are you talking about? ASEAN members of Indonesia, Malaysia, Singapore, Thailand and Philippines already have swap arrangement between their central banks since 1977.
Yes between central banks, not between central banks and commercial banks, not between commercial banks and private persons and private enterprises.

Not denying using local currency makes sense. But many of such discussion about replacing dollar is not honest. there are people with mean motives.
 
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Yes between central banks, not between central banks and commercial banks, not between commercial banks and private persons and private enterprises.

Not denying using local currency makes sense. But many of such discussion about replacing dollar is not honest. there are people with mean motives.

Again, that’s not true. The agreement is between central banks, but that was to provide the framework. The central banks will then appoint consumer banks to be the currency dealers that deal with the implementation of the currency swap at commercial level.

For example, Malaysia appointed CIMB, Maybank and other consumer bank to facilitate currency swap between MYR and IDR.

92572C1B-4BB9-4987-A8D1-90973476E5AC.jpeg
 
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Yes they can, but can they? No.

Currency swap is between central banks.

The central banks however must allow private banks to have their customers to open currency accounts as well. Otherwise worthless. Let’s say I want to open Singapore dollar account in a Vietnamese bank. Is that possible? If no money account how can I pay a Singapore merchant in Singapore dollar?

Here in Germany, opening a Singapore dollar account is just one mouse click away.

In Vietnam, probably your words will be considered kind of "ní nuận". As you are not Vietnamese, and surely not North Vietnamese, where the term comes from, let me explain its figurative meaning "a uneducated, country boy who barely spell complicated words correctly, let alone understand them, sit inside his farm house and talk about macroeconomy or world politics".

Do not judge everything from sitting in your corner of the world. Not everything revolve around Germany, especially these days.
 
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Fking Vietnam race traitor in PDF... look at the girl, look at the baby.... look. One second later, they were dead.

You fking forget the massive murder and rape of white man




citizens-Vietnamese-My-Lai-Massacre-March-16-1968.jpg
 
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Again, that’s not true. The agreement is between central banks, but that was to provide the framework. The central banks will then appoint consumer banks to be the currency dealers that deal with the implementation of the currency swap at commercial level.

For example, Malaysia appointed CIMB, Maybank and other consumer bank to facilitate currency swap between MYR and IDR.

View attachment 922753
Ah ok I missed the news.

In Vietnam, probably your words will be considered kind of "ní nuận". As you are not Vietnamese, and surely not North Vietnamese, where the term comes from, let me explain its figurative meaning "a uneducated, country boy who barely spell complicated words correctly, let alone understand them, sit inside his farm house and talk about macroeconomy or world politics".

Do not judge everything from sitting in your corner of the world. Not everything revolve around Germany, especially these days.
What you talking about? The topic is about currency but you talk of “ni nuan”? What should it be? If any, spewing nonsense makes you to an uneducated person.
 
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Fking Vietnam race traitor in PDF... look at the girl, look at the baby.... look. One second later, they were dead.

You fking forget the massive murder and rape of white man




citizens-Vietnamese-My-Lai-Massacre-March-16-1968.jpg


It's ridiculous to see these idiots constantly bring out the past to tie up the Vietnamese people.
In the past, the honor of the Vietnamese people was preserved with blood, Vietnamese people do not have a past as humiliating as the Chinese. Vietnamese people are not "Sick man of Asia".
The shame of the Vietnamese people now is that they have not fully recovered the two archipelagoes of Paracel Islands and Spratly Islands, occupied by the Chinese invader.
 
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ban-do-vung-luoi-bo.jpg


If Asean was a strong organization, it would have cut China's "cow tongue" long ago.
 
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It's ridiculous to see these idiots constantly bring out the past to tie up the Vietnamese people.
In the past, the honor of the Vietnamese people was preserved with blood, Vietnamese people do not have a past as humiliating as the Chinese. Vietnamese people are not "Sick man of Asia".
The shame of the Vietnamese people now is that they have not fully recovered the two archipelagoes of Paracel Islands and Spratly Islands, occupied by the Chinese invader.
China is going to take back the islands stolen by Vietnam in SCS some day. Who said the Parcel and Spratly islands belong to you little greedy Vietnam. Take out your grief on China now to cover up your humiliations at the hands of the Yankees and Gaul roosters, Lol, yeah, you people readily accept to be the slaves of those your white masters, of course, you see no shame in that. China is not your Vietnamese 白眼狼 punch bag, get that right. Your little Vietnam was not even qualified to be a "sick man", you were nobody, just a sick slave colony.

ban-do-vung-luoi-bo.jpg


If Asean was a strong organization, it would have cut China's "cow tongue" long ago.
You little Vietnam will disappear as a country in that case. Who the hell you think you little Vietnamese speaks for the ASEAN, and ASEAN is not a country, period, Lol. What do you Vietnamese have in common say like Thais, Singaporeans and Indonesians, the other people and countries of ASEAN for you to claim that other ASEAN countries should act in your Vietnam's interest ?
 
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It's ridiculous to see these idiots constantly bring out the past to tie up the Vietnamese people.
In the past, the honor of the Vietnamese people was preserved with blood, Vietnamese people do not have a past as humiliating as the Chinese. Vietnamese people are not "Sick man of Asia".
The shame of the Vietnamese people now is that they have not fully recovered the two archipelagoes of Paracel Islands and Spratly Islands, occupied by the Chinese invader.

I saw too many vietnamese here speak good about white man, despite white man murder and rape Vietnamese.

Shame on them
 
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I saw too many vietnamese here speak good about white man, despite white man murder and rape Vietnamese.

Shame on them

Why aren't you crying loudly about other's more recent atrocities..
gv-zhang-1.jpg


selective blind-eyeing maybe...
 
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China is going to take back the islands stolen by Vietnam in SCS some day. Who said the Parcel and Spratly islands belong to you little greedy Vietnam. Take out your grief on China now to cover up your humiliations at the hands of the Yankees and Gaul roosters, Lol, yeah, you people readily accept to be the slaves of those your white masters, of course, you see no shame in that. China is not your Vietnamese 白眼狼 punch bag, get that right. Your little Vietnam was not even qualified to be a "sick man", you were nobody, just a sick slave colony.


You little Vietnam will disappear as a country in that case. Who the hell you think you little Vietnamese speaks for the ASEAN, and ASEAN is not a country, period, Lol. What do you Vietnamese have in common say like Thais, Singaporeans and Indonesians, the other people and countries of ASEAN for you to claim that other ASEAN countries should act in your Vietnam's interest ?
Watch out your underwear otherwise we steal it.
 
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Your hands might get chopped off in that case.
So with your previous statement China will take Vietnam islands, you are exposed yourself as hooligan. You talk of peace but mean war. All peaceful rhetoric is just shit. That’s why you are keen to keep the US away from Far East. Much like Putin keeping the US out of Europe. I hope if you start the war you don’t accuse us we oppress Chinese speaking people in Donbas.

Anyway, we are off topic.

Vietnam will join ASEAN cross border payments soon.

 
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So with your previous statement China will take Vietnam islands, you are exposed yourself as hooligan. You talk of peace but mean war. All peaceful rhetoric is just shit. That’s why you are keen to keep the US away from Far East. Much like Putin keeping the US out of Europe. I hope if you start the war you don’t accuse us we oppress Chinese speaking people in Donbas.

Anyway, we are off topic.

Vietnam will join ASEAN cross border payments soon.

Stop your BS of labelling China as the evil one. Those islands belong to China and just you Vietnamese stole them, China has the right to take them back, period. If the true hooligan 白眼狼 Vietnam want war with China as you fools are tempted to take islands from China in SCS as you said, then you can expect PLA to pound on you to pieces becos you ask for it. It takes two to tango for peace, if you fools want war with or provoke China in a serious way, then China will go to war with you. Don't take China's desire for peace in the region as you can extract concessions and bully on China and expect China to back off, China is no idiot . Don't talk nonsense. China doesn't give a damn care what you think of Chinese peace plans.
 
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Stop your BS of labelling China as the evil one. Those islands belong to China and just you Vietnamese stole them, China has the right to take them back, period. If the true hooligan 白眼狼 Vietnam want war with China as you fools are tempted to take islands from China in SCS as you said, then you can expect PLA to pound on you to pieces becos you ask for it. It takes two to tango for peace, if you fools want war with or provoke China in a serious way, then China will go to war with you. Don't take China's desire for peace in the region as you can extract concessions and bully on China and expect China to back off, China is no idiot . Don't talk nonsense. China doesn't give a damn care what you think of Chinese peace plans.
If you think war is kindergarten then do it. If you think 10 wars between VN and CN are not enough them ok, let do the 11. war. No offense, talking to brainwashed person like you is sometimes funny but waste of time.
 
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