2013-02-27bloomberg.com

``For the first time, China's yuan has overtaken the Russian ruble for transactions in the global payment system, according to Society for Worldwide Interbank Financial Telecommunication, a financial messaging platform.'' -- They are both way down on the list, however (it's like a beauty contest between Cinderella's step-sisters here)... of course most interesting is the Euro is even larger than the dollar; what keeps the dollar as the de facto "global reserve currency"? Two words: petro-power.



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