(In first paragraph, corrects term SDR to Special Drawing Rights)
NEW YORK, March 25 (Reuters) - Senior Obama adviser Paul Volcker said on Wednesday a Chinese suggestion to move toward a world currency system linked to the International Monetary Fund's Special Drawing Rights was not practical.
"I understand restiveness about the lopsided nature of the present international monetary system that's so dependent on the dollar," Volcker said at a panel with British Prime Minister Gordon Brown at New York University.
But Volcker said when China questioned the dollar's role as the world reserve currency, "They ignore the fact that they didn't have to buy those dollars in the first place so they contributed to the problem. (Reporting by Claudia Parsons; Editing by James Dalgleish)