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Asian Monetary Unit

Central Banks and Monetary Authorities

The Asian Monetary Unit is a basket of currencies proposed by the Japanese government's Research Institute of Economy, Trade and Industry. It was modeled on the European Currency Unit, the basket that preceded the euro.

Facts
Geography
Country or Jurisdiction Served
China 1
Country or Jurisdiction Served
Japan 1
Country or Jurisdiction Served
South Korea 1
Partially Attested
Founding Year
2005 1
The source gives September 2005 as the start of publication of AMU data on the RIETI website; it states no formal founding date for the basket.
Classification
Institution Subtype
Think Tank or Research Institute 1
Sources
1. Asian Monetary Unit (Wikipedia)
  • Lead section, second paragraph
    These data have been published on the website of RIETI since September 2005.
  • lead paragraph, sentence beginning: The Asian Monetary Unit, which has been created as the joint
    The Asian Monetary Unit, which has been created as the joint project of 21st century COE project of Hitotsubashi University and RIETI, is a common currency basket composed of 13 East Asian currencies, such as ASEAN 10 plus Japan, China and South Korea.
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