Monday, January 24, 2011

Emerging economies challenge US dollar as world reserve currency

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1 comment:

Anonymous said...

Translate. Is St. Lucia an emerging economy? If not what has that to do with us. We are already pegged to the US dollar.

The PRC is happy with its US peg and is even manipulating the situation to its advantage, so much so, that the US is crying foul. St. Lucia and the OECS buy a great deal from the US. The movement of the currencies OECS dollar and US dollar will be in the same direction. What is the purpose of your writing again?