Asian Currency Unit - ACU
- Asian Currency Unit - ACU
- A proposed basket of Asian currencies, similar to the European Currency Unit, which was the precursor of the Euro. The Asian Development Bank is responsible for exploring the feasibility and construction of the basket.
The main obstacles to the creation of an Asian Currency Unit are the choice of currencies that would be included, the severe misalignments between the various regional currencies and the economic turmoil of 2007-2008. There have been a number of financial instruments that use baskets of Asian currencies, but these are individually constructed and are not sponsored or used as a means of exchange in the countries represented. The most well-known investment vehicles include exchange traded notes (ETNs) and structured notes, whose returns are based on Asian currency baskets.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Asian Currency Unit — The Asian Currency Unit (ACU) is a proposed weighted index of currencies for ASEAN+3. The ACU was inspired by the now defunct European Currency Unit, replaced by the Euro. The Asian Currency Unit s purpose is to help stabilize the region s… … Wikipedia
Asian Currency Unit — Mitgliedsstaaten der ASEAN Plus Three Die Asiatische Währungseinheit oder ACU (engl. Asian Currency Unit) ist eine vorgeschlagene gemeinsame Währungseinheit für die zehn Staaten der ASEAN sowie zusätzlich die Volksrepublik China, Japan und… … Deutsch Wikipedia
Asian Currency Unit — /ˌeɪʒ(ə)n kʌrənsi ˌju:nɪt/ noun a unit of account for dollar deposits held in Singapore and other Asian markets. Abbreviation ACU … Dictionary of banking and finance
ACU — is a three letter acronym that may refer to:* Abilene Christian University, a private Christian university located in Abilene, Texas. * Achutupo Airport, an airport in Achutupo, Panama with the IATA airport code ACU . * American Conservative… … Wikipedia
Asian Bond Markets — are growing rapidly as Asian borrowers switch away from short term bank loans towards longer term debt financing. Although Asia also includes countries of the Middle East, some CIS countries and the vast majority of the land mass of Russia and… … Wikipedia
ACU — Die Abkürzung ACU bedeutet: Address Control Unit, siehe Adressensteuerungseinheit American Conservative Union Aachen Ultras Army Combat Uniform Asiatische Währungseinheit (Asian Currency Unit), geplante Rechnungswährung für asiatische Länder… … Deutsch Wikipedia
Acu — Die Abkürzung ACU bedeutet: Address Control Unit, siehe Adressensteuerungseinheit American Conservative Union Aachen Ultras Army Combat Uniform Asiatische Währungseinheit (Asian Currency Unit), geplante Rechnungswährung für asiatische Länder… … Deutsch Wikipedia
ACU — abbreviation Asian Currency Unit … Dictionary of banking and finance
Economy of Asia — The economy of Asia comprises more than 4 billion people (60% of the world population), living in 46 different states. Six further states lie partly in Asia, but are considered to belong to another region economically and politically. As in all… … Wikipedia
АКЮ — Члены ASEAN 10+3 Азиатская валютная единица (англ. Asian currency unit, ACU; АКЮ) валютная единица, введённая в 2006 году. АКЮ должна отражать котировки акций денежных единиц 13 стран региона, и, возможно, превратится со временем в азиатский… … Википедия
