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The euro is 20, but its days may be numbered

Although the euro initially came into being in 1999 in virtual form, January 1 marks the anniversary of the date when many Europeans first got their hands on the crisp notes of the new currency.  The euro became legal tender in 12 European Union member states on that day. Gone …

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Investment guru says days of US dollar dominance are numbered

“I hope I am smart enough to sell it during the next major strengthening,” Rogers said, as quoted by Russian business daily RBK. The investment guru admitted that people still see the US national currency as a safe haven during bad times. However, another appreciation might even result in a …

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In Russia said that the dollar’s days are numbered

Turkey is preparing to move to settlements in national currency. The dollar is losing status as the currency of international trade. This opinion was expressed by Minister of foreign Affairs of Russia Sergey Lavrov. Lavrov also said that Russia some time studied the experience of use of national currencies in …

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