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M. Continuo

Russia to raise new currency issue with China at G8


    MOSCOW (Reuters) - Russia and China will stress the need to develop a global financial system with gradual development of a new reserve currency, top Kremlin economic aide Arkady Dvorkovich said ahead of a G8 summit this week.

    He added Russia was not aiming to undermine the dollar and said he believed the upcoming summit would be balanced on anti-crisis measures, saying it was too soon to cut off aid but it was also time to start thinking about exit plans.

    (Reporting by Toni Vorobyova, writing by Dmitry Zhdannikov