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Monday, January 12, 2009

Central American, Dominican governments eye joint currency


Central American, Dominican governments eye joint currency


Local - 12 January 2009, 2:11 PM


Santo Domingo.- The Dominican and the Central American governments approved further studies of monetary and financial development, including creating a joint currency and a plan of urgent measures to confront the financial crisis, and creating a credit pool to spur interregional trade.

The measure came after a meeting of the Central American Integration System (SICA), held in December in San Pedro Sula, Honduras, where the leaders gathered for their 33rd meeting.