R6 — the Case for a New Global Currency Basket

... time it will take, and the obstacle with which Renminbi has to overcome to directly challenge or offer an alternative to US dollar are long and rather not straight. However all of these countries or the R6 have a currency that starts with R: the Chinese ... ... The merits for accelerating and expanding the scope of NDB are not only inherent in the form of more elasticity for national currencies but also bringing Asia Pacific (China), Eurasia (Europe), India (Sub-Continent), Middle East or West Asia (Iran) Africa ...