Posts Tagged ‘Asian currencies’
The IMF calls for support to the dollar
January 24th, 2010
The International Monetary Fund Managing Director, requested the support of world economies towards the continuity of the dollar as reserve currency.
It's been a couple of months that countries like China, India, Brazil and Russia are requesting that the dollar is replaced as an official reserve currency. In any case, we ask that international trade and assessments are carried out according to a new transnational currency to replace the U.S. in global reserves (more...)Tags: Asian currencies, reserve currency., the economy, the markets