Kazakh President proposes creating world currency

Kazakh President proposes creating world currency

Kazakh President Nursultan Nazarbayev in his speech at the 70th session of the UN General Assembly proposed to create a new supranational currency, which should be relevant to the targets of global sustainable development.

According to him, to tackle this global crisis, we need to start with clear rules for the emission and trade of the world reserve currencies.

In the context of the proposal to create the world currency it is noteworthy that Kazakhstan was the country which strongly rejected the possibility of introducing a single currency in the Eurasian Economic Union.

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