Tuesday, October 06, 2009

Euro, yen, and yuan

"The dollar, which has been drifting lower for most of this year against other major currencies, took another hit today after Britain's Independent newspaper said secret talks were taking place among Arab states, China, Russia and other countries to stop pricing oil in dollars, and shift instead to a basket of currencies including the euro, the yen and the Chinese yuan."

From LATimes

Not only Portuguese, Hindi, and Japenese, also get used to 'other' currencies.

Wake up, US, there is still time.

No comments:

Twitter Updates

Search This Blog

Total Pageviews