China, Malaysia To Discuss Asian Monetary Fund To Reduce Dependence On US Dollar

Last week, Malaysian Prime Minister Anwar Ibrahim proposed the creation of an Asian Monetary Fund to reduce dependence on the US dollar. China and Malaysia are expected to discuss the proposal.

Malaysia is reviving a decades-old proposal to create an Asian Monetary Fund to reduce dependence on the U.S. dollar, with China being open to talks about the matter. 

Malaysian Prime Minister Anwar Ibrahim proposed the fund last week, Bloomberg reported.

"When I had a m...

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