‘Gold is more stable’: Malaysia needles US with proposal for pan-Asian bullion-backed currency

‘Gold is more stable’: Malaysia needles US with proposal for pan-Asian bullion-backed currency

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Malaysian PM Mahathir Mohamad has floated the idea of creating a gold-backed common trading currency for all of East Asia, slamming regional currency trading as “manipulative” and criticizing the US’s heavy-handed foreign policy.
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