New Governor Of Alaska
02-07-2008, 09:56 AM
Shops in New York City have begun accepting euros and other foreign currency as payment for merchandise....
We all know that Dollar is not doing that great... But this info is just scary.
I mean.... What is next?...
Vatican will relocate to Washington DC?......
China is going to build a Great Wall on the border with Mexico?
American people will be taking oath on Karan?
"Euros Accepted" signs pop up in New York City
NEW YORK (Reuters) - In the latest example that the U.S. dollar just ain't what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise.
"We had decided that money is money and we'll take it and just do the exchange whenever we can with our bank," Robert Chu, owner of East Village Wines, told Reuters television.
The increasingly weak U.S. dollar, once considered the king among currencies, has brought waves of European tourists to New York with money to burn and looking to take advantage of hugely favorable exchange rates.
"We didn't realize we would take so much in and there were that many people traveling or having euros to bring in. But some days, you'd be surprised at how many euros you get," Chu said.
"Now we have to get familiar with other currencies and the (British) pound and the Canadian dollars we take," he said.
READ MORE - http://news.yahoo.com/s/nm/20080206/us_nm/newyork_euros_dc
http://www.deljpn.ec.europa.eu/data/local/20040727042030_2.jpg
We all know that Dollar is not doing that great... But this info is just scary.
I mean.... What is next?...
Vatican will relocate to Washington DC?......
China is going to build a Great Wall on the border with Mexico?
American people will be taking oath on Karan?
"Euros Accepted" signs pop up in New York City
NEW YORK (Reuters) - In the latest example that the U.S. dollar just ain't what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise.
"We had decided that money is money and we'll take it and just do the exchange whenever we can with our bank," Robert Chu, owner of East Village Wines, told Reuters television.
The increasingly weak U.S. dollar, once considered the king among currencies, has brought waves of European tourists to New York with money to burn and looking to take advantage of hugely favorable exchange rates.
"We didn't realize we would take so much in and there were that many people traveling or having euros to bring in. But some days, you'd be surprised at how many euros you get," Chu said.
"Now we have to get familiar with other currencies and the (British) pound and the Canadian dollars we take," he said.
READ MORE - http://news.yahoo.com/s/nm/20080206/us_nm/newyork_euros_dc
http://www.deljpn.ec.europa.eu/data/local/20040727042030_2.jpg