June 16 (Bloomberg) -- President Dmitry Medvedev reiterated Russia’s intention to push for the creation of a global reserve currency to replace the U.S. dollar.

“The strengthening of the international currency system” requires first creating regional reserve currencies and then a “supranational currency,” Medvedev told leaders of the member states of the Shanghai Cooperation Organization in Yekaterinburg, Russia, today.

“Reinforcing the international currency system should not be done through reinforcing only the dollar,” Medvedev said.

To contact the reporter on this story: Lyubov Pronina in Moscow at lpronina@bloomberg.net

Last Updated: June 16, 2009 02:11 EDT