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Great eye opening links.

Between Putin demanding the US remove sanctions against two of his dummy companies - caught selling sensitive technology to the terrorist exporting Iranian Mullah régime, to yet another underhanded move by the Energy Czar to further sink the US Dollar, tyrant Putin and his KGB henchmen have started off the week in a very typical Moscow manner.

Quoting from the link: Dollar weakens as Russia is set to add yen reserves

"The dollar fell after Alexei Ulyukayev, the Russian central bank's first deputy chairman, told the news agency Interfax that the bank might increase holdings of yen from almost zero percent. Russia's reserves, the world's third largest after China's and Japan's, have swelled about 50 percent this year to $267.9 billion as oil prices surged.

"The move could lead toward broader U.S. dollar weakness," said Mark Meadows, a strategist at the currency-trading company Tempus Consulting in Washington."

Putin is soooo good to US....

"The move could lead toward broader U.S. dollar weakness," said Mark Meadows, a strategist at the currency-trading company Tempus Consulting in Washington."

Putin is soooo good to US....==

Why you so sour?:). Accually the weaker dollar then it is easier to pay America' debts and more competitive the american goods became.

But you got to remember that there is more U.S dollars in circulation in the ex-Soviet states than there is in the U.S. I don't think it would be a wise move to play monopoly with the U.S.dollar.
On a visit to the Ukraine when shopping in Kiev I could get a 25% discount against the hryvnia marked price at most stores when paying in dollar bills. I also remember seeing long queues of hundreds of people in Moscow at money changing machines, this was when the U.S. changed the series of the dollar bills, these machines ( I believe the only ones in the world )only changed old series notes for new ones.