East Asian Foreign Exchange Reserve Pool

In recent years, East Asia has become one of the fastest growing regions in the world. And in the background of globalization and integration, the goal of East Asia financial cooperation was not only aim to financial prevention, and gradually moving to a advanced level. As the foundation of Chiang Mai Initiative Multilateralisation, that is East Asia foreign exchange reserve pooling, East Asia has become the focus of international society again. This article started from Chiang Mai Initiative, and analyzed the East Asia foreign exchange reserve pooling, research for its developing backgrounds, progresses and scale, and prospect for its future. Currently, East Asia foreign exchange reserve pooling has come into effect, and all the state members are actively consulting together for its brighter future.