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U.N. panel says world should ditch dollarQuicklink Submitted By Amanda Lang 1 comment
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| A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies adding to pressure on the dollar. Central banks hold their reserves in a variety of currencies and gold, but the dollar has dominated as the most convincing store of value -- though its rate has wavered in recent years as Bush ran up twin budget and external deficits. |
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Amanda Lang Social Media Pages: 
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.
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