Asian finance leaders agreed to consider adding the Chinese yuan and the Japanes...
FILE PHOTO: Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, China, in this March 30, 2016 file picture. REUTERS/Kim Kyung-Hoon/File Photo
The addition of local currencies to the swap deal, known as the Chiang Mai initiative, “may be one enhancement option,” the finance ministers and central bank governors of Japan, China, South Korea and the Association of Southeast Asian Nations said in a joint statement on Thursday, the Nikkei reported.
Japanese Finance Minister Taro Aso told a news conference that it was important that countries receiving support be able to choose the currency they want, the Nikkei said.
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