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View Full Version : Thailand has got lots of foreign currency reserves



SlaveDriver
November 16th, 2011, 06:38
Read an article that claims Thailand has got lots foreign currency reserves and willing to spend them on flood relief than investing on US Bonds?

US is trying to penetrate the APEC with the Chinese, Canadians and Russians? All these years APEC countries were called under-developed countries. How come all of a sudden they become the darlings of the West? :party

DCbob
November 16th, 2011, 11:11
Sorry, if you look up what APEC is, it includes the United States.
Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim countries (although the preferred term used by APEC itself is "member economies"), which seeks to promote free trade and economic cooperation throughout the Asia-Pacific region.
http://en.wikipedia.org/wiki/Apec