91.   Asean had also called for a study on the possibility of using alternative currencies, apart from the US dollar, for international trading.

92.   Because of the small value of Laotian notes, many business transactions are carried out using the currency of neighboring Thailand, the baht.

93.   Bernas and a Pakistan company are already using local currencies in their transactions.

94.   Both Brazil and Mexico chose to fight inflation using overvalued currencies tied to the dollar.

95.   But although other Western currencies can be used, the German mark will become the undisputed king.

96.   But he pointed out that his visits were to persuade his counterparts to trade with other Asean countries using regional currencies.

97.   Cambodian law does not prohibit using foreign currency for transactions.

98.   Customers chose which currency to use, paying in euros with a credit card or check.

99.   Dr Mahathir had also dismissed suggestions that countries outside Asean will object to the proposal to use regional currencies for intra-Asean trade.

100.   Economists had suspected that Asian importers and exporters could be persuaded to trade among themselves using Asian currencies.