Global Reserve Currency - Us$ Or Sdr, Or Rmb? - Business - Nairaland
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| Global Reserve Currency - Us$ Or Sdr, Or Rmb? by mkpeseman: 2:38am On Jul 04, 2009 |
I think it is not a bad idea nor time to start talking here about or planning ahead of the recent debate that is going on by the larger ecnomy countries like China, Russia, Brazil etc, concerning the replacement of the US$ dollars as the Global Reserve currency with SDR or even with the Chinese Yuan popular known as RMB! What really is the Federal government of Nigeria's reaction or responses to this debate and how will the debate affect our Nigerian economy? Or, do we just wait till the last minutes before we respond? |
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