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What does CMIM stand for?

CMIM stands for Chiang Mai Initiative Multilateralization (currency swap)

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Organizations, NGOs, schools, universities, etc.

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Other Resources:
We have 4 other meanings of CMIM in our Acronym Attic

Samples in periodicals archive:

In the so-called ASEAN-plus-three summit, the 13 nations shared the view that regional financial cooperation is making progress, citing the strengthening of the Chiang Mai Initiative Multilateralization scheme, which aims to address balance-of-payments and short-term liquidity difficulties in the region, Japanese government officials said.
Kuroda noted the progress and discussion to expand and strengthen regional safety nets like the Chiang Mai Initiative Multilateralization and its surveillance arm, the ASEAN+3 Macroeconomic and Research Office, to enhance crisis prevention and improve mitigation.
Now, we are told, ASEAN+3 has achieved another great breakthrough, the so-called Chiang Mai Initiative Multilateralization (CMIM), aimed at turning its bilateral swaps and credits into a regional reserve pool.