Medvedev calls for new reserve currencies

Russian President Dmitry Medvedev says the world needs new reserve currencies.
Medvedev told a regional summit Tuesday that the creation
of new reserve currencies in addition to the dollar is
needed to stabilize global finances.
Medvedev spoke at a summit of the Shanghai Cooperation
Organization, which includes China and four Central Asian
nations, Associated Press reported.
Later Tuesday he hosts a summit of the BRIC group of
leading emerging economies _ Brazil, Russia, India and
China.