Will we ever see a unified Asian currency?

Not any time soon, but regional central bankers are cooperating more with each other says JPMorgan''s David Fernandez.

Do you ever find that when you meet someone important - their presence seems to stay with you, dominate your thoughts for the next few days to come This is what recently happened to David Fernandez, a Singapore-based economist with JPMorgan who specialises in emerging markets.

He chatted with Finance Asia a day after he listened to Robert Mundell, who won the 1999 Nobel Prize in economics for his groundbreaking 1960s analysis of exchange rates that helped lay the intellectual groundwork for Europe's common currency. But, in the 1960s Mundell also espoused the notion that a unified currency for Asia could work. Not likely anytime soon, but it does get...

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