December 09, 2016

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SE Asian central bank officials discuss financial stability

52nd SEACEN Governors’ Conference in progress.
52nd SEACEN Governors’ Conference in progress.

The 52nd SEACEN Governors’ Conference/High-Level Seminar and the 36th Meeting of the SEACEN Board of Governors hosted by Myanmar was held at the Lake Garden Hotel in Naypyitaw yesterday.
Governor of the Central Bank of Myanmar U Kyaw Kyaw Maung, Mr Amando M. Tetangco., Jr, Governor of the central bank of the Philippines, Mr. Mitsuhiro Furusawa, Deputy Managing Director of the IMF, and Dr Juzhong Zhuang, Deputy CEO of the ADB extended greetings at the event.
The morning session was chaired by the governor of the CBM. Governors of central banks from Southeast Asia discussed frameworks for monetary policies, financial stability, monetary policies of emerging countries, and impacts of global financial integration on ASEAN members and strategic changes in financial policies in the developed world.
In the afternoon session, the role of the central bank in financial stability and challenges for financial stability were discussed. The event will continue today.

 

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