Awaz Apni The dollar is an unreliable international currency and should be replaced by a more stable system, the United Nations Department of Economic and Social Affairs said in a report released Tuesday. The use of the dollar for international trade came under increasing scrutiny when the U.S. economy fell into recession. "The dollar has proved not to be a stable store of value, which is a requisite for a stable reserve currency," the report said. Many countries, in Asia in particular, have been building up massive dollar reserves. As a result, those countries' currencies have become undervalued, decreasing their ability to import goods from abroad. The World Economic and Social Survey 2010 is supporting a proposal long advocated by the International Monetary Fund to create a standardized international system for liquidity transfer. Under this proposed system, countries would no longer have to buy up foreign currencies, as China has long done with the U...
Awaz Apni Baat Apni is started in new Vision of Pakistan, We want to see a real image of Pakistan in public Point of View, Our Pakistan with New Vision.

