Posts
5 years ago
Sunday, August 14, 2011
USA2007: EU EURO COUNTRIES: Economic leadership at crux of ...
USA2007: EU EURO COUNTRIES: Economic leadership at crux of ...: "EU EURO COUNTRIES: Economic leadership at crux of turmoil: World Bank... : 'Economic leadership at crux of turmoil: World Bank - Yahoo!'"
Subscribe to:
Post Comments (Atom)
Seed Newsvine
"The reality is that the dollar, for many reasons, will remain the principle reserve currency," he told the gathering which included political and business figures.
ReplyDelete"But I think that we are likely to move to a system where there will be multiple reserve currencies.
"Over time I believe the renminbi could be part of this but, obviously, China has to move towards an open capital account," he said.