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UN Strongly Recommends SDRs Over Dollar

posted by Avatar lazybug 696 days ago in USD made popular 696 days ago

Yesterday, the United Nations released a new report suggesting it’s time to stop using the dollar as the world’s single major reserve currency, noting it has shown “not to be a stable store of value,” and recommending its replacement with the IMF’s currency basket, called special drawing rights (SDRs).
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