The aim of this paper is to present a concept of the Central Bank activity within the framework of the currency area. The study covers South East Asian countries. During the years 2000-2005 the appreciation and depreciation of local currencies were noted. This factor affected the foreign trade turnover.
Financed by the National Centre for Research and Development under grant No. SP/I/1/77065/10 by the strategic scientific research and experimental development program:
SYNAT - “Interdisciplinary System for Interactive Scientific and Scientific-Technical Information”.