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Asian Dollars
(redirected from Asian Dollar)

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Asian Dollars
U.S. dollar deposits in banks in East Asia. Asian dollar futures contracts, which are based on Asian dollar deposits, are a highly liquid investment. Investing in Asian dollars may help an Asian company hedge its foreign exchange risk on investments in the United States. It is an example of a eurocurrency.
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In that way they can work on a regional currency - the Asian dollar - for the future.
Three-way summit on N Korea begins by Aljazeera.net
Taipei, June 8, 2009 (CENS) -- Perng Fai-nan, governor of the Central Bank of China (CBC), publicly espoused the formation of Asian dollar, which he said can help the NT dollar and the currencies of other small Asian economies avoid the attack of international vultures.
Central bank governor proposes formation of Asian dollar by The Taiwan Economic News
In Singapore, lending to non-bank customers has been contracting recently in the Asian Dollar Market, he said.
Corporate woes rise as Asia reels from crisis: IMF by AFP / AFP Asian Edition
 
 
 
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