China recently publicly called for the US dollar to be replaced as the world’s reserve currency through use of the IMF. Russia’s President Medvedev has now stated his agreement with this assessment.
Medvedev told the BBC, "You know, I have just discussed this issue with Gordon Brown and other partners. Of course, we are realistic, and I hope that my position is realistic, as well as that of our Chinese colleagues."
Other G20 members have stated their support for the US dollar as being the main reserve currency. Russia supports the expansion of the IMF’s Special Drawing Rights to include gold, the yuan, and rouble.