Mahathir Mohamad

Should Asia have a common currency?

Scholars mull the need for a single currency in the region as the world undergoes a slowdown, one of the worst in modern days, to shield itself from foreign exchange risks

Mahathir strikes gold in common currency
Sathish Govind

Malaysian Prime Minister Dr Mahathir Mohamad might have struck gold in his idea of bringing the earlier botched East Asia Economic Caucus (EAEC) into fruition through a common East Asian currency pegged to precious metal.

Malaysia’s Mahathir rekindles gold standard debate

The Malaysian leader has proposed a gold-pegged common trading currency for East Asia. Experts say returning to the gold standard is easier said than done, especially when the motive is more political than economic.