Thenotes are denominated in SpecialDrawing Rights, a quasicurrencyissued by the fund and promoted by Chinaasapotentialreplacement for thedollar as the world'sreservecurrency.
Instead of reducing the role of the U.S. dollar, Zhou may be asking for a greater role of the Chinese currency in "special drawing rights" (SDRs), an international type of reserve currency established in 1969 by the International Monetary Fund.