3 May 2011 13:11

New reserve currency will enhance economic growth prospects - Nazarbayev

ASTANA. May 3 (Interfax) - Kazakh President Nursultan Nazarbayev reiterated the need for a new reserve currency.

"The creation of a new world reserve currency will help build a clear and transparent global financial system. National reserves will become more stable, contributing to the enhancement of economic growth prospects," the president said at the 4th Astana Economic Forum on Tuesday.