Asian Monetary Unit

E706427

The Asian Monetary Unit is a regional unit of account used to facilitate and standardize multilateral trade and payment settlements among member countries of the Asian Clearing Union.

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All labels observed (1)

Label Occurrences
Asian Monetary Unit canonical 1

Statements (20)

Predicate Object
instanceOf regional monetary unit
unit of account
appliesTo member countries of the Asian Clearing Union
currencyCodeStatus does not have an official ISO 4217 currency code
denomination used as a numeraire for ACU operations
hasScope intra-regional trade among ACU members
hasType basket currency unit
isBasedOn basket of member currencies
isDefinedBy rules and procedures of the Asian Clearing Union
isDistinctFrom national currencies of ACU member states
isManagedBy Asian Clearing Union Secretariat NERFINISHED
isUsedIn accounting of Asian Clearing Union transactions
clearing and settlement operations of the Asian Clearing Union
notLegalTenderIn member countries of the Asian Clearing Union
purpose to facilitate multilateral trade settlements
to standardize payment settlements
region Asia NERFINISHED
usedBy Asian Clearing Union NERFINISHED
usedFor multilateral trade among Asian Clearing Union members
payment settlements among Asian Clearing Union members

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Asian Clearing Union currencyUsedForSettlement Asian Monetary Unit