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View Full Version : Asia Agrees on $120 Billion Currency Pool Amid Crisis - Bloomberg



NewsWhore
02-22-2009, 10:50 PM
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Asia Agrees on $120 Billion Currency Pool Amid Crisis (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da.JcokL8WGfM%26refer%3Djapan&cid=0&ei=ch2iSci0PJ-oxAGBzNyPBw&usg=AFQjCNGaR2qwy8bw7IX7uMXfGSihTTzIYQ)
Bloomberg
23 (Bloomberg) -- Asian nations will form a $120 billion pool of foreign-exchange reserves that can be used by countries to defend their currencies in an expansion of efforts to battle fallout from the global financial crisis. ...


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