Sep 28th, 2009 - Bloomberg
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Sept. 28 (Bloomberg) -- World Bank President RobertZoellick said the U.S. dollar’s dominance as the world’smain reserve currency will be challenged as the financialcrisis reshapes the global economy.
“There is every reason to believe that the euro’sacceptability could grow,” Zoellick said in remarks prepared for a speech today in Washington. “Of course, the U.S. dollaris and will remain a major currency. But the greenback’sfortunes will depend heavily on U.S. choices” on inflation, thebudget deficit and financial oversight, he said.
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