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President of Kazakhstan Nursultan Nazarbayev proposed to institute the world’s common currency.
Nazarbayev said all world countries should participate in the institution of this currency. “Currently many countries are proposing various models of the world currency. We are also showing our position from the view o global problems”, said Nazarbayev.
Hosting the PACE meeting in Astana in 2008, Nazarbayev said that devaluation of USD was making the multipolar financial system topical.
