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View Full Version : Asian Nations Agree to Form $120 Billion Currency Reserve Pool - Bloomberg



NewsWhore
02-22-2009, 05:20 AM
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Asian Nations Agree to Form $120 Billion Currency Reserve Pool (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601068%26sid%3Da.6ojBtx9ruc%26refer%3Dhome&cid=0&ei=dCehSa6hOIvcMdvvlAc&usg=AFQjCNEajWvnBsetKjIoEW-foqanva_2cQ)
Bloomberg
22 (Bloomberg) -- Japan, China, South Korea and 10 Southeast Asian nations agreed to form a $120 billion pool of foreign-exchange reserves that can be used by countries to defend their currencies amid the deepening global recession. ...


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