US dollar set to be eclipsed, World Bank president predicts
United States would be mistaken to take for granted the dollar’s place as the world’s predominant reserve currency, says Zoellick
Heather Stewart
guardian.co.uk,
Monday 28 September 2009 17.26 BST
US dollar set to be eclipsed, World Bank president predicts. Photograph: Getty/Piet Mall
The United States must brace itself for the dollar to be usurped as the world’s reserve currency as American dominance wanes in the wake of the financial crisis, the World Bank president, Robert Zoellick, warned yesterday. Read the rest of this entry »