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IMF Managing Director on how trade in local currencies can help emerging economies
02:43

In an exclusive interview with CGTN's Tian Wei, Kristalina Georgieva says trade in local currencies can aid emerging economies in becoming more stable and international. Georgieva also recognizes the constructive role of the regional development banks. She points out that it's good for the developing world to have more institutions that can specialize in their particular region so that all countries are adequately served.

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