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Friday, February 11, 2011

IMF discusses plan to replace dollar as reserve currency - Feb. 10, 2011

IMF discusses plan to replace dollar as reserve currency - Feb. 10, 2011: "NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.

The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system."

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