LA Times: Dollar's future as reserve currency in focus as world leaders meet - by Pan Pylas
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Dollar's future as reserve currency in focus as world leaders meet - by Pan Pylas
Investors will be keeping a close eye on how far world leaders will go in expressing support for a strong dollar at the Group of Eight summit in Italy, amid talk that the dollar's status as the world's reserve currency will be on the agenda. China, Russia and India have indicated that they want to see long-term changes in the international monetary system in the wake of the financial crisis that has pushed the world economy into its first synchronized downturn since the Second World War.
