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Italy queries dollar's role in Bretton Woods reform
October 16, 2008 / 4:53 PM / 9 years ago

Italy queries dollar's role in Bretton Woods reform

ROME, Oct 16 (Reuters) - Italy’s economy minister said a reform of the Bretton Woods institutions should also review trade, foreign exchange and capital markets and questioned whether the dollar should remain the reference currency under a new system.

“At the time of the last Bretton Woods, there was only the dollar, now there’s the euro as well,” Giulio Tremonti told reporters on Thursday.

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