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  • Suggest You - Asian Currency Unit (ACU): Great Expectations but Paradise Lost?

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    Asia, Middle East and West Asia are left out in it. However, the same goes for Euro too as most of the European countries are still not included.

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    In the last 2 weeks, there have been a number of reports, articles and interviews in the Asian Media about the creation of Asian currency unit (ACU), a single Asian currency. By going through these articles, I could understand one thing that ACU will not take place anytime soon, not even in the next 5 years- the earliest time I see is 2015. ASEAN+3 group of countries are behind the idea of ACU and soon these countries are going to start a research project about ACU.

    Well, I am not in favor of calling it as 'Asian Currency Unit' as it is mainly limited to some East Asian countries and all the countries of South Asia, Central Asia, Middle East and West Asia are left out in it. However, the same goes for Euro too as most of the European countries are still not included.

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    Asian currency. By going through these articles, I could understand one thing that ACU will not take place anytime soon, not even in the next 5 years- the earliest time I see is 2015. ASEAN+3 group of countries are behind the idea of ACU and soon these countries are going to start a research project about ACU.

    Well, I am not in favor of calling it as 'Asian Currency Unit' as it is mainly limited to some East Asian countries and all the countries of South Asia, Central Asia, Middle East and West Asia are left out in it. However, the same goes for Euro too as most of the European countries are still not included.

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    iest time I see is 2015. ASEAN+3 group of countries are behind the idea of ACU and soon these countries are going to start a research project about ACU.

    Well, I am not in favor of calling it as 'Asian Currency Unit' as it is mainly limited to some East Asian countries and all the countries of South Asia, Central Asia, Middle East and West Asia are left out in it. However, the same goes for Euro too as most of the European countries are still not included.

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    ell, I am not in favor of calling it as 'Asian Currency Unit' as it is mainly limited to some East Asian countries and all the countries of South Asia, Central Asia, Middle East and West Asia are left out in it. However, the same goes for Euro too as most of the European countries are still not included.

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    Asia, Middle East and West Asia are left out in it. However, the same goes for Euro too as most of the European countries are still not included.

    Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, Japan, South Korea and China belong to ASEAN+3. I do not know why they are leaving the rest of Asia behind. No doubt, that Japan. Korea, Malaysia and Singapore have the best economies in Asia and China is now a huge economic giant. So, this may be one reason of leaving alone the rest of Asia as most of the countries in the rest of Asia do not have modern economic system. Well, on the other hand, Laos, Myanmar and Cambodia have weak economies.

    The road to ACU will be surely of an economic reforms and adjustment for these 13 countries. T

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