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Russia calls for caution on global currency-Kremlin aide
June 16, 2009 / 6:54 AM / 8 years ago

Russia calls for caution on global currency-Kremlin aide

YEKATERINBURG, Russia, June 16 (Reuters) - Russia, keen to avoid financial turbulence, advocates a cautious approach to changing the system of global reserve currencies, the Kremlin’s top economic aide said on Tuesday.

“There is an understanding that the last thing we need now is turmoil on financial markets,” Arkady Dvorkovich told a news briefing.

“No one wants to ruin the dollar, including us. We need to discuss every nuance of the problem and this is an approach we are sticking to.”

Dvorkovich also said Russia believes the world economy does not need currency turbulence and called for a cautious approach to a global currency.

He also said the Russian rouble, the Chinese yuan, commodity currencies and gold reserves deserved to be included in the IMF’s SDR basket. (Reporting by Gleb Bryanski; writing by Oleg Shchedrov; editing by Michael Stott)

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