Japan to promote direct Asian currency exchanges

TOKYO — Japan’s Ministry of Finance seeks to create a market enabling direct exchanges of the yen and other Asian currencies without using the dollar as an intermediary, an idea that could reduce funding costs for financial institutions and businesses.
( read original story …)


Related Post

BIDV signs co-operation agreement with Japanese ba...
views 142
This is the 26th Japanese bank with which BIDV has...
Bank of Japan to Host Distributed Ledger Forum Nex...
views 117
Japan’s central bank is set to host an event...
Osaka restaurant chain fined for forcing foreign s...
views 80
OSAKA – An Osaka-based restaurant chain operator a...
Abandoned Avonlea: Anne theme park in Japan now li...
views 137
Nancy.Russell@cbc.ca In its heyday in the 1990s, C...
Boeing, Japan Investment Adviser Finalize Order Fo...
views 90
Japan Investment Adviser Co., Ltd. (JIA) is an eme...
Earthquake, tsunamis… and even a METEORITE! Video ...
views 97
Dramatic video has captured a meteorite burning ac...
Tokyo shares fall by break as N. Korea worries lin...
views 100
TOKYO: Tokyo stocks dropped Monday morning as ling...
Hotel New Otani Tokyo, The Main
views 214
The Bar - Located on the Tower building's 40th flo...
RandomTrashy: Tokyo Marui SCAR-L
views 56
After running my 416 hard over the past year I've ...
Japan’s flops turning bond market stars amid hunt ...
views 65
Japan’s yield-hungry investors are helping turn co...