Asian Currency Units

Asian Currency Units

Summary of Asian Currency Units

A unit of account, employed in some Asian banks, equal to the U.S. dollar.The Asian currency unit arose to circumvent banking regulations which prohibited accounts denominated in terms of foreign currency.

(Main Author: William J. Miller)

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(2013, 12). Asian Currency Units lawin.org Retrieved 10, 2014, from http://lawin.org/asian-currency-units
"Asian Currency Units" lawin.org. 12 2013. 10 2014 <http://lawin.org/asian-currency-units>
"Asian Currency Units" lawin.org. lawin.org, 12 2013. Web. 10 2014. <http://lawin.org/asian-currency-units>
"Asian Currency Units" lawin.org. 12, 2013. Accesed 10 2014. http://lawin.org/asian-currency-units
William J. Miller, 'Asian Currency Units' (lawin.org 2013) <http://lawin.org/asian-currency-units> accesed 2014 October 22

 

This entry was last modified: December 1, 2013

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