Abstract:
The present study was undertaken to ascertain the viability of using a common currency
in all SAARC Nations, as it was proposed by the former Prime Minister, Shri Atal Bihari
Vajpayee, in the 12th SAARC summit, Islamabad. This study has been conducted on
basis of views of the traders of Ludhiana who carry on trade activities in SAARC
countries. Their opinions were gathered and evaluated about the proposed idea and its
implementation. The other aspects covered in this study are related to the benefits and
drawbacks of using a common currency in all SAARC countries.
