Asian common currency idea given cautious welcome

SINGAPORE - Asia's economies will have to integrate further before they start thinking about creating their own monetary union, Tharman Shanmugaratnam, the managing director of the Monetary Authority of Singapore, said on 4 June.

The necessary consensus would take time to develop because of the lack of political will across the diverse region.

"Eventually some form of co-operation will emerge as market forces bring about economic integration," he said at the International Monetary Conference i

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: