Scrap dollar as sole reserve currency: U.N. report | Reuters: "A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.
But several European officials attending a high-level meeting of the U.N. Economic and Social Council countered by saying that the market, not politicians, would determine what currencies countries would keep on hand for reserves.
'The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency,' the U.N. World Economic and Social Survey 2010 said."
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