Dollar not the reserve currency in Russia
Russia has ditched the dollar
http://www.prisonplanet.com/russia-d...opts-euro.html
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Reply to: Where will the dollar be by Chrismas?
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Previously on "Where will the dollar be by Chrismas?"
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I'm thinking I missed the boat.
Got a few thousand dollars spare in the US from our flat there, was waiting for it to reach the 20's against the pound as predicted, but the pound has surged again since the low point ...
Bugger.
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Where will the dollar be at xmas?
If I pull my finger out, it should be in my wallet.
GBP will not cut the mastard when I come to settle my tab at the beach bar.
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Where will the dollar be by Chrismas?
http://www.bloomberg.com/apps/news?p...ouM&refer=home
“The global economy has seen the worst and therefore Asian currencies are gaining momentum given the dependence on trade,” said Thomas Harr, a senior currency strategist with Standard Chartered Plc in Singapore. “The dollar is falling off a cliff as global economic expectations are stabilizing.”
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