Monday, November 19, 2007

Dollar No Longer Welcome In India

The decline of the dollar has led many to question whether the dollar will continue to remain as the world's number one currency. Many are suggesting a time will come when it will be replaced as the major world currency - most likely the Euro.

The Indian tourist board recently announced that the dollar would no longer be accepted at tourist locations such as the Taj Mahal. Although, this is hardly a major blow to the US currency it is indicative of how perceptions to the dollar are gradually changing. Dollar no longer welcome at Taj Mahal

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