international reserve currency

"It could be put at risk if the U. S. dollar was severely challenged as the main international reserve currency, " he said.

A few weeks later, China's central bank called for a replacement to the US dollar as the international reserve currency.

On this point, it emphasizes the importance of the US dollar as international reserve currency.

However, US dollar, as all journalists have emphasized, is an international currency as well as an international reserve currency.

The solution that financial policymakers hit upon was to have the IMF create a new international reserve currency: the SDR.

Bretton Woods system to gold as the basis, the U. S. dollar as the main international reserve currency.

Buying gold and allowing the yuan to be traded freely would weaken the US dollar's dominance as the international reserve currency.

In another article, Mr Zhou suggested the creation of a new international reserve currency, managed by the IMF, to replace the dollar.

and support for "a broad-based international reserve currency system providing stability and certainty" .

Ten days later Chinese central bank chief Zhou Xiaochuan suggested replacing the dollar as the international reserve currency.

This has increased expectations that the yuan eventually will become an international reserve currency alongside the dollar.

Great power shifts are usually accompanied by changes in the international reserve currency.

"[It] marks the end of an era of credit expansion based on the dollar as the international reserve currency. "

Douthwaite therefore suggests an energy-backed currency unit, or ebcu, as the international reserve currency.

The dollar will remain by far the dominant international reserve currency for decades.

The world needed "to create an international reserve currency that is disconnected from individual nations" .

Last year, he roiled markets by proposing a new international reserve currency to replace the U. S. dollar.