Friday, October 28, 2011

IMF and the Internationalisation of Emerging-market Currencies and Risk Management Practices

Officials from the International Monetary Fund (IMF) believe that the global
financial crisis and the rapid growth in emerging market (EM) economies could
mark the beginning of the end of the US dollar's dominance over the global
economy and set the stage for the use of a multicurrency system that would
compete with, and someday [...]


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