Growing unease about dollar as US deficits grow - Forbes

April 6th, 2009 by "Global Currency" - Google News

Growing unease about dollar as US deficits grow Forbes
Growing unease about dollar as US deficits grow
Forbes, NY


His central bank governor, Zhou Xiaochuan, went further, advocating creation of a new global currency to end the dollar's dominance. Zhou's suggestion: a synthetic currency created by the 185-nation International Monetary Fund. …

TagsTags: ,

Posted in Forex, Global Currency
Similar Currency Trading Posts

  • Beijing Suggests Creating New International Currency To Replace US … - AHN
    ABC News Beijing Suggests Creating New International Currency To Replace US …AHN Beijing, China (AHN) - China's central bank has called on International Monetary Fund managers to create a new international currency to replace the dollar. Zhou Xiaochuan, governor of the People's


  • China Seeks Global Reserve Currency
    BEIJING — China’s central bank reiterated its call for the creation of a new international currency that could replace currencies like the dollar in countries’ official reserves. In its annual report on financial stability, issued Friday, the People’s Bank of China


  • Beijing Formalizes Call for Reserve Currency
    BEIJING — China’s central bank reiterated its call for the creation of a new international currency that could replace currencies like the dollar in countries’ official reserves. In its annual report on financial stability, issued Friday, the People’s Bank of China


  • China Zhou Xiaochuan: We Need An International Currency - The Market Oracle
    China Daily China Zhou Xiaochuan: We Need An International CurrencyThe Market Oracle, UK In order to encourage create greater monetary stability, Zhou Xiaochuan wants to create an international currency unit that can be used in trade as well as a standard against


  • The Euro at Ten: The Next Global Currency?
    Product DescriptionIs the euro the next global currency? How does the current financial crisis affect the relative positions of the dollar and the euro as global currencies? This book, based on a major conference held at the Peterson Institute for


    • Comments are closed.