IMF Calls for Dollar Alternative
Ben Rooney, Staff Reporter, money.cnn.com, 02/10/2001
The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency.
The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.
SDRs represent potential claims on the currencies of IMF members. They were created by the IMF [...]
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