*opec considers ditching the dollar* , page-8

Opec will NOT ditch the US Dollar for the Euro. Who can be certain where the USvEuro will be six months, one year two years from today? What effect will the add countries joining the ECM have on the Euro? The US$ has been down before against other currencies and has then risen again as part of the usual business cycle and it is still the dynamo that drives global business.


However I can see the possibilty of OPEC changing to a TWI with US$ still the dominant currency within that index.