By Matt Hawes
Via The New York Times:
The I.M.F. leader, Dominique Strauss-Kahn, also floated the idea of creating a global reserve currency that could serve as an alternative to the dollar….
Mr. Strauss-Kahn said that a new reserve currency could limit dependence on the policies and conditions of a single, though dominant, country.Few economists say they believe that the dollar’s status as the dominant foreign exchange reserve will change anytime soon….