Wednesday, September 9, 2009

UN wants new global currency to replace dollar - Telegraph

"The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War."

Although a number of countries, including China and Russia, have suggested replacing the dollar as the world's reserve currency, the UNCTAD report is the first time a major multinational institution has posited such a suggestion

UN wants new global currency to replace dollar - Telegraph

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