Monday, July 6, 2009

Russia and India Take Turns Dissing the Dollar

“The dollar system or the system based on the dollar and euro have shown that they are flawed,” Russian President Dmitry Medvedev said in an interview with Corriere della Sera, repeating his proposal for a new international reserve currency.

Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said in a July 3 interview that he is urging his nation to diversify its foreign holdings away from the dollar.

1 comment:

  1. Don't forget the French:

    http://tvnz.co.nz/business-news/countries-push-debate-us-dollar-g8-2828515

    ReplyDelete