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Sunday, November 22nd, 2009

Posts Tagged ‘ G20 Finance Ministers ’

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.

Tags: Bank Of China, BOC, credit crisis, Currency Reserve, FNM, FRE, G20 Finance Ministers, Jason Simpkins, US dollar
Posted in Emerging Markets, Financial News | No Comments »

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