ADB economist moots idea of common currency in Asia


Lei Lei Song, a principal economist at the Asian Development Bank's (ADB) office of regional integration, said today (July 23) that "in the very, very long run, there might be a common currency [in Asia]".

He emphasised, however, that the eurozone crisis had underscored the importance of meeting pre-requisite conditions. "Asia is far from satisfying those pre-conditions," he said.

Song made the comments during a discussion on further integration in Asia, alongside fellow ADB economist Iwan Azis,

To continue reading...

You must be signed in to use this feature.

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: