The Pya is a monetary unit of which country?
South Korea and the International Monetary Fund Philippines, Singapore, Thailand, Vietnam, Cambodia, Myanmar, Brunei, and Lao. The agreement was made in order for these nations to stop hoarding foreign reserves, which could theoretically help grow these countries' economies, allow foreign investors to trust more these Asian countries' currencies more, and act as a safety net for South Korea's economy and the other comprising Asian countries' economies. South Korea and the International Monetary Fund South Korea has grown to become the 14th largest economy of the world and has joined financial institutions of the world as the country grew. From joining the International Monetary Fund (IMF), South Korea
Asian Monetary Unit Asian Monetary Unit The Asian Monetary Unit (AMU) is a basket of currencies proposed by the Japanese government's Research Institute of Economy, Trade and Industry (RIETI). It is similar to the European Currency Unit (ECU), predecessor to the euro. The Asian Monetary Unit, which has been created as the joint project of 21st century COE project of Hitotsubashi University and RIETI, is a common currency basket composed of 13 East Asian currencies, such as ASEAN 10 plus Japan, China and South Korea. These data have been published on the website of RIETI since September 2005. After 4 years passed, a