Reserve Currency

The dollar may be down, but it's far from snuffed out

China's thunderous demands for a new reserve currency mask its own contribution to keeping the dollar on life support.

It's over for dollar and euro; get ready for Sensex 60000

Friday marked the beginning of the end of the dollar era. The euro is not in any better shape. This means once the short-term shock of this realisation is digested, China and India will be the flavour of the decade for fund managers. Belt up for the turbulent ride.