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Confidence in currencies will help boost E. Asian economy (772).
A STRONGER East Asian economy can only emerge if Asean members have confidence in their own currencies and promote them via intra-regional trade.
This confidence which had inspired economies like Malaysia to get back on growth mode was one which would eventually make Asean an economic force to be reckoned with when trading with other global partners, Malaysian Malay Chamber of Commerce deputy president Datuk Abdul Rahman Maidin said.
"Malaysia has been on the right track for the past two years by using the ringgit and other Asean currencies when trading with its regional neighbours.
"If we are not confident of our currencies, we cannot proceed to adopt a common currency for East Asia," he …
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- Common currency for East Asia quite feasible.
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Newspaper article from: New Straits Times
November 9, 2001
700+ words
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Magazine article from: Yomiuri Shimbun/Daily Yomiuri
March 24, 2007
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