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Do you think it would be possible to create a NEW UNIFIED CURRENCY that would be widely accepted by the big corporations for trade purposes?

will this result in eliminating currency fluctuations, global sanctions & stabilizing the prices of basic consumer goods?

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Question ajoutée par Utilisateur supprimé
Date de publication: 2014/06/07
Rehan Qureshi
par Rehan Qureshi , Financial Consultant , Self Employeed

Not a good idea as it has lots of concerns and legal issue attached with it

zafar abbas minhas
par zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

i do not think ,it may happen,,, lots of political reasons involve.

Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

It is possible but would take very long, maybe in the next century.

Utilisateur supprimé
par Utilisateur supprimé

No i do not think so, its very very hard and impossible in present to replace the USD as global currency as around80 % nations have their foregin exchange reserves in USD only. 

So until governments do not take steps its impossible for corporations to adpot any currency 

amer jayyousi
par amer jayyousi , Business Development Consultant , freelance

Everything is possible but you have to unify the world first and that is a job is a challenge.seconed why do you want to do that?what benefits will be gained?

i mean for people who trade the forex market like me  we will be out business and that is ..... .

on the other hand everything is possible?i just can't see it being done in this world of turmoil and craziness.

Ahmed Fathy
par Ahmed Fathy , General Manager + EBRD International Adviser , RUBEX for Metal Industries

no

hossam azzam
par hossam azzam , Fast food restaurant,s manager. , alexandria-egypt

Agree with Mr . minhas

Mamdouh Manie
par Mamdouh Manie , Executive HRC local sales manager , Ezzsteel

it is a dream that will not come true like having one world language called Esperanto

 

each country  or group of countries are attached to their currency would like to handle their own trade and economy, having one world will make economic powers not controlling world economy , 

 

 

Mohammad Tohamy Hussein Hussein
par Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

It will be possible if we can come up with a win-all proposition.