AUTOREFRESH 
IMF repeats dollar dominant; will remain so for foreseeable future
By Jamie Coleman || March 12, 2010 at 17:48 GMT
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IMF economist Lipsky says the the dollar is the dominant reserve currency and will remain so for the foreseeable future. The idea of an alternative currency is a topic worthy of study but it it is not a near-term issue, he says.
One interesting factoid from Lipsky: About 50% of US toxic assets ended up on the balance sheets of European banks…
UPDATE Lipsky says Greece has the same rights to IMF help as any member but says the EU has made it clear they want to handle the matter on their own.
EUR/USD is stalled in the low 1.3750s.
hello Jamie, how are you, what a day
? this market make nervous so nervous; this news from IMF mean we will see a strong $ in nexy week?
No, they’ve said it before..Next week we see the Greek bailout…
Not to forget that the Dutch PM said exactly the opposite, that Grece should go to IMF, that Sarkozy is returning talking of a plan that has been immediately denied from Merkel, same old story as one month ago, nevertheless EUR /USD has been raising…maybe it’s true: never believe it unless officially denied !