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Tuesday, February 14th, 2012

Posts Tagged ‘ Currency Reserve ’

Emerging Markets Seek to Dump the Dollar as World’s Main Reserve Currency

Mar 24th, 2009 | By Jason Simpkins | Category: Emerging Markets, Financial News

Emerging markets, led by China and Russia, plan to jointly challenge the U.S. dollar’s role as the world’s sole benchmark currency at the April 2 meeting of the Group 20 nations – a move that underscores the currency’s weakness and fading support around the world.