Dr Mahathir: If we have a common currency for East Asia, a common trading currency that is not used in each country but for the purpose of settlement trade only, then there will be stability. — AFP
TOKYO: Malaysia is proposing a new currency based on gold as it is more stable as opposed to the current currency trading which is manipulative, says Prime Minister Tun Dr Mahathir Mohamad.
He said by using the precious metal, it could be used to evaluate the exports and imports activities among the East Asian countries.
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