almost..and along with lots and lots and lots of other countries - need someone to play taps, in spite of Sir Al, subject of the Queen (one of the owners of the Fed) of England, the dollar is dying. Rapidly it seems.
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http://www.gateway2russia.com/st/art_191216.phpThe import of US currency to Russia has almost ceased while the volume of cash rubles is growing. This denotes a change in the correlation between cash rubles and dollars.
The Izvestia newspaper reports that the introduction of a new ruble banknote, a 5,000-ruble banknote, will be the finishing touch in this trend. It may substitute a 100-dollar banknote, which is a popular form of cash savings in Russia.
The volume of cash dollars in circulation in the world is $630bn, and less than a half of this amount is in circulation in the USA. At least 370bn dollars are circulated outside the issuing country, and this share was constantly growing over the past decade, Izvestia reports.