Asean looking at ways to use growing FX reserves

South-East Asian nations plan to jointly set up a fund to finance infrastructure by exploiting heavy capital inflows, a senior Thai finance ministry official told reporters Monday 2 April.

"Asean (Association of South-East Asian Nations) is discussing ways to set up a mechanism for using foreign capital inflows for infrastructure development, possibly through bond issues or the creation of a fund," senior Thai official Suparat Kawatkul said on the sidelines of a meeting with senior finance and

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