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IPFS News Link • Federal Reserve

Dollar Declines as Slump Prompts Nations to Mull Alternative

06-02-2009 • Bloomberg.com

Russian President Dmitry Medvedev may discuss his proposal to create a new world currency when he meets counterparts from Brazil, India and China this month. Medvedev first proposed seeking alternatives to the U.S. dollar as a reserve currency in March.

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Reported By Jack Gregson

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