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China Revives The Reserve Currency Debate And Pushes For More Forex Diversification

at:2009-07-02 17:46:32   Visit: 122

Vice foreign minister He Yafei said yesterday that he wasn't aware that China had asked the issue of a global reserve currency to be on the agenda for next week's G8 summit. This saw the dollar drop, sending the EURUSD to a high of 1.4201. Despite the consternation at the...

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