Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Medvedev voices support for supranational reserve currency
+ -
21:10, June 03, 2009

 Related News
 Medvedev hopes for stronger Russian-Israeli relations
 Medvedev: financial crisis affects Russia in "moderately negative" way
 Medvedev: financial crisis affects Russia in "moderately negative" way
 Medvedev offers to coordinate with Norway on Arctic exploration
 Medvedev receives world champion Russian ice hockey team
 Comment  Tell A Friend
 Print Format  Save Article
Russian President Dmitry Medvedev said on Wednesday his country did not rule out the possibility of creating a supranational reserve currency in the future.

Medvedev described the idea of creating a supranational currency as "very productive" in excerpts of an interview with the U.S. television channel CNBC released by the Kremlin on Wednesday.

"The current situation itself suggests that there should be more reserve currencies," he said, "This will give options to react should any problem emerge in any economy."

"Some instruments already used by the International Monetary Fund, such as special drawing rights, represent in fact a prototype of such a supranational currency," he said.

Medvedev also said he hopes the ruble would become one of the regional reserve currencies, first of all in the Commonwealth of Independent States.

Source: Xinhua



  Your Message:   Most Commented:
Tamil protesters block major freeway in downtown Toronto
China slams U.S. foreign affairs bill proposal, urges deletion
Congress wins election in India
Controversy over China's first sex-theme park
Former French diplomat says no to "China threat"

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90865/6671152.pdf