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Financial Analytics: Science and Experience
 

Alignment of forces in the modern world of currencies

Vol. 4, Iss. 42, NOVEMBER 2011

Available online: 22 November 2011

Subject Heading: Foreign exchange market

JEL Classification: 

Khmyz O.V. PhD in Economics, Moscow State Institute of International Relations, associate professor
khmyz@mail.ru

World reserve currencies are losing its positions. What currencies will come of them in the stead? Gold, regional collective or even chinese yuan or Russian ruble? In the article it is analyzes the main problems of the modern world currency system.

Keywords: international, monetary system, US dollar, euro, union, collective monetary unit, amero, sure, afro, east African shilling, asio, eco, amu, khaleeji, yuan, rubles

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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