19.4 C
London
Monday, August 2, 2021

Asian countries agree to set up foreign exchange pool

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

SPAIN: The Asian countries have agreed to set up the foreign exchange pool of eighty billion dollars to meet another regional financial crisis. The consensus was reached in a meeting of the Finance Ministers of 13-nations organization, ASEAN in Spain. A joint statement issued after talks said China, Japan and South Korea would provide eighty per cent of the funds. Meanwhile, the Asian Development Bank has predicted that Asia’s developing economies would be expanded by seven point six per cent by the end of this year.-SANA

- Advertisement -spot_imgspot_img
Rubab Saleemhttp://www.rubabsaleem.com
Rubab Saleem is Editor of Pakistan Times
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here