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Reuters: Russia wants Ruble, Yuan, Gold in SDR basket

Posted by trendsman on Sunday, March 29th, 2009

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“Russia supports expanding the IMF’s Special Drawing Rights (SDR) to include the rouble, the yuan and gold, but sees no chance of the G20 Summit accepting a new reserve currency, a Kremlin aide said on Saturday, agencies reported.”

Comment: The ruble is an attractive bet, along with the Loonie and Aussie $, when commodities fully recover.

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