'US dollar no longer ideal reserve currency'

Posted at May 03 2012 03:17 PM | Updated as of May 03 2012 11:17 PM

The Asian Development Bank's (ADB) annual meeting in Manila enters its second day with renowned economist Jeffrey Sachs delivering a speech on Asia's growing role in the global economy. He said the US dollar is no longer the ideal reserve currency for the world economy. ANC On the Scene, May 3, 2012

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