NewsWhore
02-24-2009, 05:00 PM
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Asia Needs Own Monetary Fund to Stem Crisis, ADB’s Kawai Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DacuxFHCbE5Vc%26refer%3Dasia&cid=0&ei=cm6kSaHIHKOQmAfAuoyMCw&usg=AFQjCNHKUaHPFxVuGM8ImlqEnyCAUWKJIA)
Bloomberg
The $120 billion reserve pool agreed by Japan, China, South Korea and 10 Southeast Asian nations broadens an arrangement called the Chiang Mai Initiative, which previously only allowed bilateral currency swaps. Under the program, the foreign reserves ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DacuxFHCbE5Vc%26refer%3Dasia&cid=0&ei=cm6kSaHIHKOQmAfAuoyMCw&usg=AFQjCNHKUaHPFxVuGM8ImlqEnyCAUWKJIA)
Asia Needs Own Monetary Fund to Stem Crisis, ADB’s Kawai Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DacuxFHCbE5Vc%26refer%3Dasia&cid=0&ei=cm6kSaHIHKOQmAfAuoyMCw&usg=AFQjCNHKUaHPFxVuGM8ImlqEnyCAUWKJIA)
Bloomberg
The $120 billion reserve pool agreed by Japan, China, South Korea and 10 Southeast Asian nations broadens an arrangement called the Chiang Mai Initiative, which previously only allowed bilateral currency swaps. Under the program, the foreign reserves ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DacuxFHCbE5Vc%26refer%3Dasia&cid=0&ei=cm6kSaHIHKOQmAfAuoyMCw&usg=AFQjCNHKUaHPFxVuGM8ImlqEnyCAUWKJIA)