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"Increasing trade and investment flows, and putting in place all the institutional arrangements, would be a much better way to have sustainable economic cooperation that would lead logically to financial and foreign exchange cooperation," Mr. Kumar said at a conference in Beijing last week.
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Another lies in foreign exchange.
London, New York, and Tokyo dominate foreign exchange trading.
David Steck, from Deutsche Bank, heads foreign exchange.
Foreign exchange rates hurt revenue by 2 percent.
Foreign exchange reserves will soar.
Foreign Exchange Law and Foreign Money R.S.J. Martha.
(FX is financial shorthand for "foreign exchange").
The ECB has substantial foreign exchange reserves.
"We have enough foreign exchange reserves".
Foreign exchange markets have reflected the decline.
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