Dollar Declines As Nations Mull Supranational Currency

[admin]

The dollar weakened beyond $1.43 against the euro for the first time in 2009 on bets record U.S. borrowing will undermine the greenback, prompting nations to consider alternatives to the world’s main reserve currency. The euro gained for a fourth day versus the dollar as the Russian government said emerging-market leaders may discuss the idea of [...]

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[mm145]

At some point the dollar will cease to be the benchmark of currencies and other currencies will begin to rise. This may not happen for many more years, but it will happen, in order to make the world's currency market a little less lop-sided.

[merideth]

could it be due to global crisis the US are facing? that is aside from the talks about having a new global currency?