Look beyond single currency to remain competitive, Asia advised


  • Business
  • Wednesday, 15 Sep 2004

ASIAN countries may want to look at alternatives other than a single currency for the region to remain competitive, said former European Central Bank president Dr Willem F. Duisenberg.  

He said the introduction of a single Asian currency like the Euro would be difficult to implement in Asian countries because of their economic, political, geographical and cultural differences. 

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