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Russians increasingly favor euros over dollars when exchanging money or withdrawing foreign currency from bank accounts, the Central Bank said.
The demand for euros from individuals, measured by transactions at foreign currency exchange outlets and banks, increased 62 percent in October from the same month last year, the Central Bank said in a statement Thursday. Russians' demand for dollars declined 19 percent in the same period, it said.
Originally posted by Bunch
I'm trying to think what would be the consequences of the U.S. not being the BIG BOY in the world economic stage.
How that would influence American foreign policy and how other countries would see is when they sit down at the table for some important issues like trade, terrorism and such.
I think that the U.S. will find it hard to get other countries behind any proposals they submit at the UN or other international organizations because other countries will have the same influence and are aligning themselves already without the U.S.