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Do you think a common currency is good for Asia?

  1. telltale profile image77
    telltaleposted 7 years ago

    Do you think a common currency is good for Asia?

    Similarly to the Euros, should Asian countries adopt a common currency?

  2. sid_candid profile image60
    sid_candidposted 7 years ago

    No a common currency for Asia won't work as Euro is doing for the European nations. In Asia there is a major difference between various economies and that means a common currency would not be a good idea.

  3. SidneyMorgan profile image61
    SidneyMorganposted 7 years ago

    A common Currency in Asia is not going to work for the simple reason, there are so many differences between few of the biggest countries and they are not going to get a consensus on common currency and exchange rate of their currencies with the new common currency.

  4. 1337guy profile image37
    1337guyposted 7 years ago

    A common currency isn't doing too well for Europe  right now, so I imagine a common one wouldn't do well at all for Asia either.

  5. dfanto profile image56
    dfantoposted 7 years ago

    i don't think so.. in asia there more various economic system applied among countries and also still many conflict.. it's difficult to consolidate the monetary system and use the common currency which required same monetary policy.

 
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