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Currency Wars Continue As IMF Concedes End To Dollar Hegemony


 -- Published: Monday, 9 March 2015 | Print  | Disqus 

- Dollar has declined as reserve currency over past decade from 70% of global reserves to 61%

- Chinese yuan is growing in stature as international currency

- IMF deputy director calls for de-dollarization in emerging markets

- Many countries have begun de-dollarizing

- BRICS development bank rivaling the IMF and World Bank is now operational

Currency war