From renminbi to asian
I believe that Asian common currency will be created, maybe sooner that most people would imagine today. I know there are many sceptics, including Pridiyathorn Devakula governor of the Thailand Central Bank (read his Reuters comment). But read an interesting article written by Joseph Yam, HKMA CEO, who describes the progress made by renminbi as convertible currency for border trade and plans for growing international role for renminbi.