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Timothy Geithner Open To New Global Currency

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Published on Mar 25, 2009

U.S. Treasury Secretary Timothy Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a proposal by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary."

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