Cable says new reserve currency "sensible"

LONDON (Reuters) - Business minister Vince Cable on Saturday backed China's call for a new stable global reserve currency in light of the United States losing its AAA long-term credit rating from Standard & Poor's, but said for the moment the U.S. dollar still remained key.

Source: http://uk.reuters.com/article/2011/08/06/uk-economy-britain-currency-idUKTRE77518W20110806?feedType=RSS&feedName=domesticNews

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