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IPFS News Link • World News

China’s yuan ’set to usurp US dollar’ as world’s reserve currency

05-15-2009 • Telegraph

In a column in the New York Times, Prof Roubini warns that with the proposal for a new international reserve currency via the International Monetary Fund, Beijing has already begun to take steps to usurp the greenback.

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Reported By Jim Stachowiak

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China’s yuan ’set to usurp US dollar’ as world’s reserve currency

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