25.03.2009 - EU rejects China's calls for global currency
From Theglobeandmail.com: The European Union's top economy official said Tuesday that the U.S. dollar's role as the international reserve currency is secure despite Chinese calls for a global alternative. EU Commissioner Joaquin Almunia says he didn't see “major structural changes in the role the dollar plays today as a major reserve currency” following a call by China's central banker for a new global currency controlled by the International Monetary Fund.....Full Article: Source
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