Posts Tagged ‘ reserves ’

Head of IMF proposes new reserve currency

Head of IMF proposes new reserve currency

IMF's Strauss-Kahn suggests IMF may one day provide global reserve asset Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.
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