6
July
Dollar's Role Under Debate In Run Up To G8 Summit
6 July 2009 Wall Street Journal
France, Russia and India questioned the role of the dollar as the world's reserve currency during the weekend, indicating its status is likely to be a strong talking point in this week's Group of Eight leading nations' summit in Italy.
At a conference here this weekend French Finance Minister Christine Lagarde called for better foreign exchange policy co-ordination, hinting that the dollar's role as a reserve currency may need to be discussed in the medium term.
