An analysis by TIME reviews the possibility of a new global reserve currency, the "special drawing right" or SDR, to replace the dollar. The Financial Times reports on what such a move would mean for China, the U .S., and Europe.
Sunday, April 12, 2009
Will the Dollar Be Replaced by the SDR as the Global Reserve Currency?
An analysis by TIME reviews the possibility of a new global reserve currency, the "special drawing right" or SDR, to replace the dollar. The Financial Times reports on what such a move would mean for China, the U .S., and Europe.
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